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I like them, though UK hostels appear a bit all over the place in my experience. I stayed in a lovely one in Cardiff, tenner a night with breakfast, very cosy, and right by the Millennium Stadium. However, this one in Brighton was in a somewhat derelict building and had tons of shaky 3 bed high stacked bunk beds crammed into a room for maximum capacity. It reminded me of the pictures you see of concentration camps. It was the cheapest place I could find to stay in Brighton and it was still somewhat expensive as I remember.
South East Asia, use an app like Hostelbookers to check prices and reviews, and you will find lovely and very cheap places, very classy. Some quiet, some more lively, take your pick. Cracking stuff, highly recommended. Perfect for the solo traveller.