🇬🇧 United Kingdom
Can you afford a house in United Kingdom?
Unaffordable — by Demographia's classification
The country median home in United Kingdom costs £285,000 and the median household earns £36,700 — a price-to-income ratio of 7.8×. Ranked 32 of 46 for housing cost relative to income.
Median home price
£285,000
United Kingdom average
Median household income
£36,700
after tax
Avg mortgage rate
4.65%
min down 5%
How United Kingdom's housing affordability evolved
Price-to-income peaked at 8.4× in 2020. Today: 7.8×. If you had today's income in 1990, you could have afforded 52%of today's purchasing power for the country median home. The OECD average over the same period went from 4.3× in 1990 to 7.6× today.
How affordable is United Kingdom for you?
Enter your income and savings to see your personal max-affordable price, years to a down payment, and how that compares to United Kingdom's median.
Tell us about your finances
Annual numbers. We use country-typical interest rates and minimum down payments unless you change them.
Anchor: United Kingdom average median 285,000 GBP · mortgage rate 4.65% · min down 5%