Sheffield Property: Sheffield is best city for first-time buyers, new data shows

First-time property buyers are best looking in Sheffield when trying to get their foot on the property ladder according to data from mortgage brokers, Tembo.
Watch more of our videos on Shots! 
and live on Freeview channel 276
Visit Shots! now

The data ranks the UK’s best and worst cities based on how many times you’d need to multiply the average salary in each city in order to afford the average property price.

Sheffield comes out number one on this list, with the average salary needing to be multiplied 4.65 times.

Read More
Sheffield property: House dubbed one of 'finest luxury houses available' in 'som...
The sounds of birds can be heard in the Peace Gardens during lockdownThe sounds of birds can be heard in the Peace Gardens during lockdown
The sounds of birds can be heard in the Peace Gardens during lockdown
Hide Ad
Hide Ad

The city is number two on the list of 13 major cities in terms of average salary, trailing only London, and the fourth lowest house prices.

Leeds sits eighth on the list with properties being worth 7.35 times the average salary.

It has the lowest average salary of all the cities in the data, but the fourth best property price average.

These data figures were based on Tembo records between January 2020 and June 2022.