Reply to: Type in your post code - it gives you av. house hold income to av. house price

[vetran]

That's a small hovel

Would be £300 -> 400k round my way.


£38K & £300k in my last road, which is funny because my last road you didn't get change out of £400k. I suppose they are counting the estate across the bridge. the flats there were only £180k.

[NibblyPig]

I paid a lot more than the average for my house, and it is identical to the rest of the street.

Average income is only 26k apparently, seems quite low considering the houses ain't cheap - says 7 times but my house was around the 9 times mark.

[Zero Liability]

How affordable is your postcode? Try our house prices calculator and find the most expensive and cheapest places to buy - Huddersfield Examiner

My postcode the average household wage is £30,052 and the average property £182,500 giving a ratio of 6 times.

What's your ratio?

7 times.

[PurpleGorilla]

This could just be a 10 line perl script that selects from a small table and fiddles a bit. Internet is drowning in click bait

It is tulipe - I agree - do you know of anything better?

[PurpleGorilla]

Nowhere you can afford!

And yes both places are on the list of unaffordable places.

Let me guess, Boomerhamton?

[SueEllen]

Where in London is that?

Nowhere you can afford!

And yes both places are on the list of unaffordable places.

[d000hg]

No, it's a regular family home for normal people. Way bigger than the flats most Londoners live in

[oracleslave]

a fairly nice house,

That's a small hovel

[AtW]

£38,301 and £ 243,000

The average house costs 6 times the average net household income. Lenders typically offer 4.5 times income at most.

[unixman]

This could just be a 10 line perl script that selects from a small table and fiddles a bit. Internet is drowning in click bait

[d000hg]

Are houses really that cheap anywhere in the country?

Why do I live here?

Loads of places. £100k doesn't just get you a house but a fairly nice house, often in a fairly decent neighbourhood. e.g. I drive past this one and looked it up out of interest:

3 bedroom town house for sale in Rosewood Walk, Ushaw Moor, Durham, County Durham, DH7 , DH7

[ELBBUBKUNPS]

Mines x 10 38k / 372500

[oracleslave]

43k and 555k

[PurpleGorilla]

I was told if you lived in one of the unaffordable places and your property was worth under £2million you were poor.....

Official ratio just over 10.

In reality there are lots of self-employed people and renters around here. Plus you can't get a house for less than 500k but you can get a flat.

Where in London is that?

[SueEllen]

How affordable is your postcode? Try our house prices calculator and find the most expensive and cheapest places to buy - Huddersfield Examiner

I was told if you lived in one of the unaffordable places and your property was worth under £2million you were poor.....

Official ratio just over 10.

In reality there are lots of self-employed people and renters around here. Plus you can't get a house for less than 500k but you can get a flat.