With the cost of living at its highest rate in 30 years, house prices have never been more important for those trying to get on the property ladder.
The cost of buying a home can vary greatly across each borough of Merseyside, including what you can get for your money. Over the last year, the average price of a property in Merseyside was £208,639.
Here we take a look at some of the cheapest homes currently on the market in Liverpool, Wirral, St Helens, Sefton and Knowsley, which have the potential to be great homes for first time buyers or an investment opportunity.
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All of these properties have been listed on Zoopla, with some set to go to auction later this month and others being sold outright.
Liverpool
A two bedroom terraced house in Walton Vale is currently one of the cheapest properties on the market in Liverpool.
It boasts of two generously sized bedrooms, a family bathroom, living room, dining room and kitchen.
With a guide price of just £25,000 the house could provide a great investment opportunity for house hunters.
It will go up for auction on April 17 with a guide price of £25,000.
For more information or to view more images, visit the listing on Zoopla.
Wirral
This two bedroom terraced house in Birkenhead is set to go under the hammer with a guide price of £50,000.
As one of the cheapest properties on the market in Wirral, it has great potential for first time buyers.
It can be found on Newling Street which is just a stones throw away from Birkenhead Park.
The property also benefits from good transport links with Birkenhead Park station and Conway Park close by, and is in the catchment area for several schools.
It comes with two reception rooms, a modern fitted kitchen, two bedrooms, bathroom and a yard to rear.
For more information or to view more images, visit the listing on Zoopla.
Sefton
Another property which could make the perfect family home is this three bedroom end terrace in Bootle.
On the market with James Kristian for £60,000, the sellers say the property provides a great investment opportunity, with early viewings highly recommended.
Based on Ursula Street, the property is close to Kirkdale and Bank Hall train stations and has shops and other amenities close by.
On the ground floor you'll find two reception rooms and a kitchen, while upstairs there are three bedrooms and a bathroom.
For more information or to view more images, visit the listing on Zoopla.
St Helens
House hunters who are looking for a new home in St Helens could snap this one up at auction.
With a guide price of £65,000, the two bedroomed terrace on Broad Oak Road is described as an "ideal purchase to any investor wanting to add to their portfolio."
The ground floor comprises of an entrance hallway, dining room, living room, kitchen and four-piece bathroom, while two bedrooms are located on the first floor.
It also benefits from a good-sized yard with gated access. For more information or to view more images, visit the listing on Zoopla.
Knowsley
On the market for £90,000, there's the potential to snap this Huyton home up for under the average house price in the area.
The two bedroom home boasts of a large back garden and off road parking to the front of the property.
It's located just a short drive away from the M62, making it easy to travel to the likes of Warrington, Wigan and Manchester.
The house is on the market with Cameron Mackenzie and is being offered with no onward chain.
For more information or to view more images, visit the listing on Zoopla.