What Are The Most Affordable Places to Live in Liverpool?

The average house price in Liverpool is £225,681, based on the latest data from Rightmove, correct as of 10th November 2025.

Some areas fall well below this figure, giving first-time buyers in Liverpool a better chance of stepping onto the ladder with smaller deposits and lower borrowing requirements.

Whether you’re looking at traditional terraces or compact starter homes, Liverpool still has neighbourhoods where affordability is realistic.

Each of the areas below has been selected for offering some of the most competitive prices in the city.

We’ve included average property values, example deposits, and what buyers can typically expect in terms of property style, condition and mortgage considerations.

1. Toxteth

Property Prices in Toxteth

Toxteth has an average house price of £127,426, making it the most affordable area on this list and one of the lowest in the wider Liverpool region.

It often appeals to buyers who want to stay close to the city centre while keeping costs to a minimum.

What Will a Deposit Look Like? 

A 5% deposit would be around £6,372, with 10% at £12,743 and 15% coming in at approximately £19,114.

Types of Homes You’ll Find 

This part of the city is made up mainly of Victorian and Edwardian terraces, many of which were originally built for workers in the city’s industrial heart.

Most have two or three bedrooms and offer larger internal layouts than more modern builds, though condition can vary.

You’ll find a split between modernised properties and homes that remain close to their original interior.

Those in need of work often sit well below the average, but may be limited to buyers with more flexible lenders or higher deposits.

Internal upgrades such as heating systems, kitchens and roofing tend to be the biggest variable in price. There are also some leasehold flats and converted houses, though they’re less common.

Flats in older buildings can be less straightforward to mortgage if the lease is short or the structure doesn’t meet current building regulations.

Thinking About Buying in Toxteth? 

We can help you review whether a property is mortgageable based on condition, layout or construction type.

If you’re considering a home that needs updating, we’ll also advise on how that might affect your borrowing amount and lender choice.

2. Anfield

Property Prices in Anfield

Anfield has an average property price of £140,176, putting it comfortably below the city average.

It remains one of the more well-known areas for affordable housing, particularly for buyers looking for traditional terrace layouts.

What Will a Deposit Look Like? 

A 5% deposit would come to roughly £7,009, with 10% at £14,018 and 15% at approximately £21,027.

Type of Homes You’ll Find 

The area is made up almost entirely of two- and three-bedroom terraces, with rows of red-brick houses that date back to the early 1900s.

Most are freehold and built using standard materials, though internal layouts can vary based on whether the property has been extended or reconfigured.

Renovated properties in Anfield tend to include updated kitchens, re-plastered walls, modern bathrooms and double glazing, which makes them more mortgageable and move-in ready.

These are priced closer to the area average, while homes still in dated condition can be found at significantly lower figures.

Many buyers also come across properties that were formerly tenanted or part of local regeneration schemes.

These may have had external works completed (like roof repairs or new windows) but still need investment internally.

Lenders may raise queries around condition, particularly if the property hasn’t had recent gas or electrical safety checks.

While the majority of homes are freehold, it’s worth noting that some older terraces may have restrictive covenants or informal leasehold titles, which should be reviewed early.

Thinking About Buying in Anfield? 

We can help you understand how much deposit may be required depending on condition, and which lenders are more suitable for homes that haven’t yet been brought up to modern standards.

If you’re looking at a lower-priced terrace, we’ll also explain what impact valuation surveys might have on your borrowing options.

3. Dingle

Property Prices in Dingle

Dingle has an average house price of £144,552, sitting slightly above Anfield but still well under the citywide average of £225,681.

Its location near the waterfront makes it a popular option for buyers looking for better space and character without paying city centre prices.

What Will a Deposit Look Like? 

A 5% deposit would be around £7,228, with 10% at £14,455 and 15% at £21,683.

Type of Homes You’ll Find 

Most of the homes in Dingle are Victorian and Edwardian terraces, many built into the natural slope of the area, giving rise to unusual layouts and multi-level designs.

Some streets feature three-storey homes with basements, while others have more compact two-up two-down styles.

The variety in layout and elevation means buyers will often see a wide range of internal sizes and finishes, even within the same street.

Renovated homes with modern heating systems and insulation tend to attract buyers looking to avoid immediate repair work, but older homes in need of refurbishment remain a key part of the local market.

You’ll also find occasional flats in converted buildings, usually smaller blocks of two to four units.

These can be attractive due to their location, but buyers should always check lease lengths, service charges and external maintenance history.

Dingle homes are generally mortgageable, but condition plays a big role in lender decisions. Properties with damp, structural settlement or unfinished renovation work may be declined or subject to retention.

Thinking About Buying in Dingle?

We can help you assess how your deposit fits the local market and whether your borrowing options are better suited to fully modernised homes or those needing light refurbishment.

If you’re viewing properties with unusual layouts or multi-level design, we’ll make sure the structure and configuration meet lender expectations.

4. Norris Green

Property Prices in Norris Green

The average house price in Norris Green is £172,777, placing it in the mid-range for this list.

It remains a well-established area for first-time buyers who want a traditional three-bed home without exceeding the city average.

What Will a Deposit Look Like? 

A 5% deposit would be approximately £8,639, with 10% at £17,278 and 15% at £25,917.

Type of Homes You’ll find 

Norris Green features a wide mix of 1930s and post-war semis, along with a number of ex-local authority homes.

Many of these houses are built with larger room sizes, long rear gardens, and off-street parking, offering more space than smaller terraces closer to the centre.

Internal condition varies. Some homes have had full modernisation, including new kitchens, heating systems and damp-proofing.

Others may need updates, particularly those that have been tenanted or left unoccupied.

Homes in need of work are usually priced slightly below the local average but may require more deposit or attract fewer lenders.

Some properties in the area are of non-standard construction, such as concrete panel or steel-frame builds.

While these homes can offer more space for the money, they aren’t accepted by all lenders. It’s important to confirm construction type before making an offer.

Thinking About Buying in Norris Green? 

We can help you identify which properties are suitable for your mortgage plans and whether the build type or condition could affect your borrowing.

If you’re viewing ex-council homes, we’ll explain how that may influence lender appetite and survey outcomes.

5. Everton

Property Prices in Everton

Everton has an average house price of £144,883, similar to nearby Dingle, and well below the Liverpool average. It offers a range of smaller terraced homes within walking distance of the city centre.

What Will a Deposit Look Like? 

A 5% deposit would be roughly £7,245, with 10% at £14,488 and 15% at £21,732.

Type of Homes You’ll find 

Most homes in Everton are two-bedroom terraces, with some newer developments built over the past 10 to 15 years.

Older homes tend to be compact in layout and are often located on tight-knit streets with a mix of owner-occupiers and rentals.

Refurbished properties are common, though there are still many that require work.

Homes with incomplete renovations or visible signs of neglect may attract lower prices but can be difficult to mortgage if lenders raise condition concerns on the valuation report.

There are also some modern leasehold flats in low-rise blocks or small apartment developments, particularly around the edges of the area.

These can be more straightforward for borrowing, provided lease terms are acceptable.

Thinking About Buying in Everton? 

We can help you determine which types of homes are likely to be mortgageable, and whether your deposit size gives you more flexibility between a renovated property and one that needs attention.

If you’re considering a flat, we’ll also check the lease terms and any lender requirements before you apply.

6. Wallasey

Property Prices in Wallasey

The average property price in Wallasey is £193,960, placing it towards the upper end of this list.

While technically across the water from central Liverpool, it’s still widely considered part of the local housing market for buyers in the region.

What Will a Deposit Look Like? 

A 5% deposit would be around £9,698, with 10% at £19,396 and 15% at £29,094.

Type of Homes You’ll find 

Wallasey offers a wider variety of property types, including spacious semis, detached houses, and period terraces.

Homes here often have more substantial floor plans, larger gardens and multiple reception rooms. Many retain character features, including bay windows, original fireplaces and high ceilings.

Modernised homes tend to sit at the higher end of the local average, while older properties requiring improvement can still be found, especially in areas closer to the waterfront.

Most homes are freehold and mortgageable, though buyers should still be cautious of condition in more dated listings.

Some leasehold flats are available, typically in converted houses or small purpose-built blocks.

These are usually secondary to the housing market in Wallasey, but can provide lower-cost alternatives for single buyers or couples.

Thinking About Buying in Wallasey?

We can help you compare how your deposit fits across different types of homes in the area.

If you’re looking at a period property or one with original features, we’ll guide you through what lenders may check on a survey and how this could impact your application.

7. Wavertree

Thinking About Buying in Wavertree? 

Wavertree has an average property price of £197,407, making it the highest-priced area on this list.

While still below the city average, it tends to attract buyers looking for long-term homes rather than entry-level purchases.

What Will a Deposit Look Like? 

A 5% deposit would be around £9,871, while 10% comes to £19,741 and 15% totals approximately £29,611.

Type of Homes You’ll find 

The area features a strong supply of Edwardian terraces, 1930s semis and extended family homes, particularly along wider residential roads.

Many of the homes have been updated with loft conversions, rear kitchens or utility rooms, and asking prices often reflect this level of finish.

Two-bedroom terraces are more affordable and remain popular with first-time buyers, though competition can be higher in this part of the city.

Renovation opportunities are still available in Wavertree, but they are often snapped up quickly due to the area’s popularity.

While most properties are freehold and mortgageable, some may come with historic features or unusual layouts that need to be checked during the mortgage process.

Internal condition, especially for older homes, can also impact which lenders are available based on survey outcomes.

Thinking About Buying in Wavertree? 

We can help you decide whether a property is suitable for your mortgage plans and whether it makes sense to stretch your deposit for a more finished home.

If you’re considering a house with structural changes or a dated layout, we’ll make sure that nothing in the survey process holds up your application.

Looking Beyond the Averages

For first-time buyers in Liverpool, there are still plenty of affordable areas where property prices sit comfortably below the city average of £225,681.

From lower-priced terraces in Toxteth and Anfield to larger homes in Norris Green and Wallasey, it’s possible to take that first step without overextending your deposit.

The key is understanding how deposit size, property condition and location all affect your mortgage options.

A home that looks like good value on paper may still come with lending restrictions if there are issues with structure, layout or tenure.

We can help you compare options across different parts of the city and show you how your deposit might work across renovated homes or those needing improvement.

Whether you’re buying a two-bed terrace or something with more long-term potential, our mortgage advisors in Liverpool are here to support you every step of the way.

Date Last Edited: November 10, 2025