🇬🇧 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.

19902024

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.

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Anchor: United Kingdom average median 285,000 GBP · mortgage rate 4.65% · min down 5%

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