A property purchase will now set you back an average of £288,000, nine times the average full time salary, data from the Office for National Statistics (ONS) shows.
But with energy bills soaring amid a cost of living crisis, many people will be thinking of ways to cut the amount they spend on housing.
Looking for something more affordable? There are 217 neighbourhoods in England where the average home costs less than £100,000.
Horden in County Durham is the cheapest place to buy, with the average property selling for just £42,500.
And if you are looking to stay local, here are the best places to consider.
For those hoping to either get on the property ladder or downsize in Mid Sussex, these are the 17 cheapest places to buy a home.
The figures, sourced from the ONS using Land Registry data, shows the median price paid in each neighbourhood in the 12 months to June 2021.
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13. Haywards Heath North East
The average property price in Haywards Heath North East was £465,000. Picture: Google Street View.

14. Copthorne & Turners Hill
The average property price in Copthorne & Turners Hill was £466,000. Picture: Steve Robards, SR1615022.

15. Horsted Keynes, Ardingly & Sharpthorne
The average property price in Horsted Keynes, Ardingly & Sharpthorne was £493,750.

16. Hurstpierpoint & Bolney
The average property price in Hurstpierpoint & Bolney was £515,000. Bolney Pram Race picture by Steve Robards.

