Data from estate agency brands Your Move and Reeds Rains found first-time buyers in the nation bought at an average price of £107,906.

The North East was the region of England with the cheapest prices, the average first-time buyer property in the area costs £112,388.

Both Northern Ireland and the North East are substantially cheaper than London where the average price was £303,574 in the three months to May 2015.

The commuter areas of South East England were the next most expensive area, with an average of £201,292.

Nationally, the average price for a first-time home stood at £155,356, the firm said.

Londoners put down a deposit of £69,040 – more than five times the size of the average first-time buyer deposit in the North East (£13,283).

First-time buyers in Wales need the third-largest deposit (£27,668), despite being one of the less expensive areas in the country for first-time buyers.

Adrian Gill, director of estate agents Your Move and Reeds Rains, said new buyers faced different issues across the country.

“Almost universal rises in house prices illustrate that the desire amongst Britons to become home-owning is returning to pre-financial crisis levels,” he said.

“What’s most interesting, however, are the high deposit expenses in areas outside London. Surging deposits in the Wales and, in particular, the East of England are potential indicators that first-time buyers have a strong appetite to buy in the regions as well as the capital, moving to places where the cost of property and living is lower.

“This is creating property hotspots outside London where people are willing to put down higher deposits to own property. The optimistic mindset of the housing market is spreading beyond London and across the UK.”