Average [UK] house price hits record high of £255,000 Tags:Europe 7 comments My place just went up 25% in 11 months. It’s absolutely crazy. In a couple of generations home ownership will be just a nice dream…. . Jesus, currently living in the states and that sounds so cheap. Housing prices have distorted my reality of properties true costs. /sigh but this sub told me that it would crash as everyone has left due to Brexit. Couldn’t be further from the truth it seems. Welcome to the club. >The typical house is now worth £23,902 more than it was in January, making it the strongest year for price rises since 2006. Median annual salary in the UK for 2020 was £31,487. The house price in 2021 increased by 75% of the median annual salary of 2020. from ukpol, So, assuming 10% deposit and a mortgage of 4.5x salary, here’s what you need to buy an average UK house: Last year Deposit: £23,092 Salary: £46,184 This year Deposit: £25,482 Salary: £50,964 https://twitter.com/AnyaMartin8/status/1476497659108204544 It’s depressing, I hear my colleagues at work renting 1 bedroom flats paying nearly what I paid back in 2017 to rent a 3 bedroom house Leave a ReplyYou must be logged in to post a comment.
Jesus, currently living in the states and that sounds so cheap. Housing prices have distorted my reality of properties true costs. /sigh
but this sub told me that it would crash as everyone has left due to Brexit. Couldn’t be further from the truth it seems.
>The typical house is now worth £23,902 more than it was in January, making it the strongest year for price rises since 2006. Median annual salary in the UK for 2020 was £31,487. The house price in 2021 increased by 75% of the median annual salary of 2020. from ukpol, So, assuming 10% deposit and a mortgage of 4.5x salary, here’s what you need to buy an average UK house: Last year Deposit: £23,092 Salary: £46,184 This year Deposit: £25,482 Salary: £50,964 https://twitter.com/AnyaMartin8/status/1476497659108204544
It’s depressing, I hear my colleagues at work renting 1 bedroom flats paying nearly what I paid back in 2017 to rent a 3 bedroom house
7 comments
My place just went up 25% in 11 months. It’s absolutely crazy.
In a couple of generations home ownership will be just a nice dream…. .
Jesus, currently living in the states and that sounds so cheap. Housing prices have distorted my reality of properties true costs. /sigh
but this sub told me that it would crash as everyone has left due to Brexit. Couldn’t be further from the truth it seems.
Welcome to the club.
>The typical house is now worth £23,902 more than it was in January, making it the strongest year for price rises since 2006.
Median annual salary in the UK for 2020 was £31,487.
The house price in 2021 increased by 75% of the median annual salary of 2020.
from ukpol,
So, assuming 10% deposit and a mortgage of 4.5x salary, here’s what you need to buy an average UK house:
Last year
Deposit: £23,092
Salary: £46,184
This year
Deposit: £25,482
Salary: £50,964
https://twitter.com/AnyaMartin8/status/1476497659108204544
It’s depressing, I hear my colleagues at work renting 1 bedroom flats paying nearly what I paid back in 2017 to rent a 3 bedroom house