Jaywick is still the home of cut-price property.

The seaside resort has the four cheapest streets in the east of England, new rankings have revealed.

Bargain hunters can pick up property in Tamarisk Way for a recession-busting £44,050 on average, according to property website Mouseprice.

Austin Avenue, which headed the rankings two years ago on £51,588 before prices crashed, has now slipped out of the top ten.

Nearby Sunbeam Avenue crept up from third in last year's chart to second, with houses selling for £47,880.

Talbot Avenue is third on £48,510, followed by Hillman Avenue in fourth on £48,780.

Estate agent James Eniffer, of Sheen’s, said Jaywick’s Brooklands estate offered “great value” and was still popular.

He said: “They are small properties and easy to maintain, and you’re right on the sea front.

“People would rather get rid of their mortgages for lower value properties and be next to one of the best beaches around.”

Jaywick’s closest rival is a street in Luton, but properties there cost a whopping £8,690 more than Tamarisk Way.

Others making it into the east of England top ten include addresses in Wisbech, Saxmundham, Stevenage, King’s Lynn and Basildon.

Jaywick constantly heads the regional league table with its wooden chalet-style buildings in the Brooklands estate.

It is also one of the most deprived areas in the country, although £75million is due to be spent over the next 15 years on a massive revamp.