Gap Between Affordable House Prices Widens
By |Published On: 6th August 2015|

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Gap Between Affordable House Prices Widens

By |Published On: 6th August 2015|

This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.

Gap Between Affordable House Prices Widens

Gap Between Affordable House Prices Widens

The gap between the most and least affordable homes in the UK is widening, according to the Office for National Statistics (ONS).

The average house price in the City of Westminster was £875,000 in 2014, while the average annual salary was £36,519.

Contrastingly, the average house in Blaenau Gwent, south Wales, was worth £75,000, which is just four times the average wage of £18,709 per year, making it the most affordable place to live.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

About the Author: Em Morley (she/they)

Em is the Content Marketing Manager for Just Landlords, with over five years of experience writing for insurance and property websites. Together with the knowledge and expertise of the Just Landlords underwriting team, Em aims to provide those in the property industry with helpful resources. When she’s not at her computer researching and writing property and insurance guides, you’ll find her exploring the British countryside, searching for geocaches.

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