Zoopla analysis compares home prices with household earnings across UK towns

Zoopla’s analysis of 929 British towns puts the typical home value at £299,100, or 4.3 times annual household earnings. The supplied coverage highlights towns where the price-to-earnings ratio is lower, with differing attention to regional examples and the broader affordability comparison.

• The analysis covered 929 towns and found a typical home value of £299,100, equivalent to 4.3 times annual household earnings.· 3 sources
• Shildon in County Durham was identified as the most affordable town, with homes averaging 1.15 times two full-time annual wages.· 1 source
• Scotland accounted for 23 of the 36 towns where homes typically cost less than twice the annual wages of two full-time workers.· 2 sources
• The Independent reports regional examples including Fraserburgh in Scotland, Dover in the South East, and Tower Hamlets in London.· 1 source
• Zoopla’s analysis included only postal towns with at least 5,000 homes.· 2 sources