The ever-more unaffordable price of a house

United Kingdom

For the so-called 'Generation Rent', the dream of buying a house is usually a distant and unrealistic one. As figures from the Office for National Statistics shows, the dream is only moving further away, too. When comparing the ratio of median house prices in England and Wales to the average earnings, the gap is only moving in the wrong direction. In 1997, the rate was 3.54 in England and 3.00 in Wales. In 2016, this had jumped up to 7.72 and 5.79.

Infographic: The ever-more unaffordable price of a house | Statista

Description

This chart shows the affordability of housing in England and Wales.

Report

Download Chart

URL to be used as reference link:

https://www.statista.com/chart/13669/the-ever-more-unaffordable-price-of-a-house/

HTML code to embed chart

<a href="https://www.statista.com/chart/13669/the-ever-more-unaffordable-price-of-a-house/" title="Infographic: The ever-more unaffordable price of a house | Statista"><img src="https://cdn.statcdn.com/Infographic/images/normal/13669.jpeg" alt="Infographic: The ever-more unaffordable price of a house | Statista" width="100%" height="auto" style="width: 100%; height: auto !important; max-width:960px;-ms-interpolation-mode: bicubic;"/></a> You will find more infographics at <a href="https://www.statista.com/chartoftheday/">Statista</a>

Average house prices in Canada 2023, by province

Annual change in house prices in the UK 2015-2024, per month

Ratio of house prices to incomes in London, England 2022, by area

Average house prices in Ontario 2018-2023, with a forecast by 2025

Average house prices in Alberta, Canada 2018-2023, with a forecast by 2025

Average house prices in England 1995-2023, by region

Related Infographics

Childcare

Housing

Housing situation in India

Indian housing market

Home Affordability

Home Price

FAQ

The Statista "Chart of the Day", made available under the Creative Commons License CC BY-ND 3.0, may be used and displayed without charge by all commercial and non-commercial websites. Use is, however, only permitted with proper attribution to Statista. When publishing one of these graphics, please include a backlink to the respective infographic URL. More Information
The Statista "Chart of the Day" currently focuses on two sectors: "Media and Technology", updated daily and featuring the latest statistics from the media, internet, telecommunications and consumer electronics industries; and "Economy and Society", which current data from the United States and around the world relating to economic and political issues as well as sports and entertainment.
For individual content and infographics in your Corporate Design, please visit our agency website www.statista.design

Any more questions?

Get in touch with us quickly and easily.
We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.

Statista Content & Design

Need infographics, animated videos, presentations, data research or social media charts?

More Information

The ever-more unaffordable price of a house

United Kingdom