Zoopla Reveals Top 10 FTB Hotspots

Zoopla has published the top 10 hotspots for first time buyers.

Looking at it regionally, the top regional property hotspots were:

In the East Midlands is Leicester was the most popular, the South West saw Bristol as the top location and in Scotland the most popular location is Midlothian.

North West England, Oldham being the hotspot and first time buyers mostly searches for a 2 bed terrace priced around £120,000 requiring a deposit of £18,000 and having an income of £22,667.

Yorkshire and the Humber will get you a 3 bed semi detached property priced at £110,000 in Bradford requiring a deposit of £16,000 and an income of £20,778.

Nationally, the top 10 property hotspots by search etc was

Area                                        Average Price             Deposit            Income Required

Barking and Dagenham              £300,000                     £56,667             £45,000

Tower Hamlets                          £425,000                      £80,278             £63,750

Newham                                   £340,000                      £64,222             £51,000

Reading                                   £240,000                      £45,333             £36,000

City of Wolverhampton              £145,000                      £27,389             £21,750

Thurrock                                  £260,000                      £49,111             £39,000

Greenwich                                £340,000                      £64,222             £51,000

Luton                                      £215,000                      £40,611             £32,250

Southwark                               £435,000                      £82,167             £65,250

Crawley                                   £255,000                      £48,167             £38,250