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Liverpool Echo
Liverpool Echo
National
James McNeill

Sefton named the most affordable place to live on Merseyside

A study has shown that Sefton is the most affordable place to live in Merseyside.

In the last twelve months, houses in Sefton have sold for an average of £170, 488. Employees in Sefton earn an average of £34, 700 per year, which equates to 20.1% of the average property price according to property experts Buzz Capital.

The study, which ranked Merseyside boroughs based on the disparity between average property prices and average annual salary, also revealed Knowsley to be the least affordable borough.

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The ECHO asked residents in Sefton if they believed the borough was an affordable place to live. Many sighted the cost of living crisis and rising house prices.

One woman from Bootle said: "Well I have lived here my whole life and have been through hard times before but now everything is just so expensive. I mean my bills are going up, the heating and food.

"So for me, I just don't think anywhere is affordable to live right now, everywhere is struggling and there are lots of different people with different stories who are having a bad time."

The least affordable borough Knowsley's average annual salary only equates to 14.7% of the price of an average property. While Wirral comes second to last with an average house price that only equates to 16.6 of the price of the acreage property.

Borough

Average House Price (£)

Average Salary (£)

Salary as a Proportion of House Price (%)

Sefton

172 488

34 700

20.1

St Helens

169 332

33 300

19.7

Liverpool

208 370

36 000

17.3

Wirral

218 522

36 300

16.6

Knowsley

242 100

35 700

14.7

One woman said: "Well there are probably a lot of rich people up in Formby but for me, I find it harder to do and buy the basic things. I mean kids these days can't buy houses without giving all their money away.

"Once you could afford a house and still live but not anymore. The older people like me could buy a house but now what are they supposed to do now."

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