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The gap between average income and average housing prices changed between 1985 and 2015 from twice an average salary to up to six times average income. Median house prices in London the median house now cost up to 12 times the median London salary. In 1995, the median house price was £83,000, 4.4 times the median income.
Eurostat: Wages and labour costs; Eurostat: Minimum wages August 2011; FedEE;Pay in Europe 2010; Wages (statutory minimum, average monthly gross, net) and labour cost (2005) CE Europe; Wages and Taxes for the Average Joe in the EU 27 2009; Moldovans have lowest wages in Europe; UK Net Salary Calculator
An average home cost 3.6 times annual earnings in 1997 compared to 7.6 in 2016. [199] Rent has nearly doubled as a share of GDP since 1985, and is now larger than the manufacturing sector. In 2014, rent and imputed rent – an estimate of how much home-owners would pay if they rented their home – accounted for 12.3% of GDP.
The average UK house price edged down in November from a previous record high, according to official figures. Property prices increased by 10.3% in the year to November 2022, slowing from 12.4% ...
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OECD Average 20.9 21 ... 2010, and 2005, in constant 2010 prices adjusted for purchasing power parity, in US dollars. [2] Country 2015 2010 2005 1
On average, an air-source heat pump costs about £10,000 more ... Tenants in private rented accommodation are also eligible but the landlord has to apply. ... The precise comparison depends on ...
REQUIRES CITATION Relative poverty rates (After Housing Costs) in the UK, 1997-2014. Figures are for Great Britain until 2001–02 and for the whole of the British (i.e. including Northern Ireland) from 2002–03 onwards. The relative poverty line is defined as 60% of median income in 2010–11.