English house prices have increased TWICE as fast as income since 2000 with average home in London 'unaffordable' for even Britain's highest earners, damning ONS report reveals
3 months, 1 week ago

English house prices have increased TWICE as fast as income since 2000 with average home in London 'unaffordable' for even Britain's highest earners, damning ONS report reveals

Daily Mail  

House prices in England have increased twice as fast as income since 2000 with the average home in London 'unaffordable' for even Britain's highest earners. It lays bare the housing crisis gripping the nation as premier Sir Keir Starmer vowed to bulldoze the objections of local people to get hundreds of thousands of new homes built across Britain. House prices in England have increased twice as fast as income since 2000 with the average home in London 'unaffordable' even for Britain's highest earners Chris Curtis MP, Co-Chair of the Labour Growth Group and member of the Housing Select Committee, said the figures 'demonstrate the staggering scale of our country's housing crisis and underline the urgency of the task facing this Government to end it'. Housing Secretary Angela Rayner has vowed to 'streamline' planning rules for new homes in order to thwart local councils and other 'Not In My Back Yard' protests from locals 'For too long, the country has been held to ransom by the blockers and bureaucrats who have stopped the country building, choked off growth and driven prices through the roof.

England London Homes Housing Local Labour Income House Average Britain Our Country House Prices Your Browser Ons Councils Working Families New Homes Local Councils Nimbys  labour  increased  london  average  local  support  prices  vowed  housing  ons  unaffordable  reveals  income  twice  report  councils  times  house  homes

History of this topic

House price winners and losers revealed: From £136k falls in Chelsea to booming west coast of Scotland
3 weeks ago

House price winners and losers revealed: From £136k falls in Chelsea to booming west coast of Scotland

Daily Mail  

Prices in Inverclyde on the up while Westminster, Chelsea and Kensington tank The average house price rose 4.6 per cent last year, according to the latest figures from the Office for National Statistics. The best performing local authority is Inverclyde in Scotland, which saw average prices rise by 6.5 per cent last year. The next best performing local authority in …

Surge in the number of homes in Britain valued at £1 million-plus
Trending News
3 weeks, 5 days ago

Surge in the number of homes in Britain valued at £1 million-plus

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Outside of London, the number of million-pound properties actually experienced a slight decline of …

One in every 42 homes in Britain ‘is now valued at £1 million-plus’
3 weeks, 5 days ago

One in every 42 homes in Britain ‘is now valued at £1 million-plus’

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Savills calculated …

How can the average home lose £22,000 but house prices officially rise 4.6%? We explain what's going on
1 month ago

How can the average home lose £22,000 but house prices officially rise 4.6%? We explain what's going on

Daily Mail  

The average house price in the UK has plummeted £22,000 in a month, according to the latest figures from the Office for National Statistics. Mysteriously, the same ONS house price report said that house prices are up 4.6 per cent annually. Don't panic: house price fell £22,000 this month, according to official figures - but ONS says this is a …

There’s no such thing as an ‘affordable’ home any more
1 month, 2 weeks ago

There’s no such thing as an ‘affordable’ home any more

The Independent  

Sometime this year, Halifax’s House Price Index will put the average cost of a British home at more than £300,000. At the same time as its latest decision to cut rates by a quarter point to 4.5 per cent, the Bank also slashed its GDP growth forecast to a dismal 0.75 per cent. But working in their favour is that …

Mapped: Most expensive region for house prices revealed as January saw new record high
1 month, 2 weeks ago

Mapped: Most expensive region for house prices revealed as January saw new record high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The average property price in January was £299,138, and on an annual basis, prices …

UK house prices jump to new record high in January
1 month, 2 weeks ago

UK house prices jump to new record high in January

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK house prices reached a new record average high in …

House price growth softened at start of 2025, says Nationwide Building Society
1 month, 3 weeks ago

House price growth softened at start of 2025, says Nationwide Building Society

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Robert Gardner, …

Housing market has strongest start in three years — see how your area fared
1 month, 3 weeks ago

Housing market has strongest start in three years — see how your area fared

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK housing market has seen its strongest start in …

Where are the most and least affordable areas to buy a house?
1 month, 3 weeks ago

Where are the most and least affordable areas to buy a house?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mr Harvey said: “A prospective buyer earning the average UK income and buying a …

Revealed: Where Britain's first-time buyers pay the most and least compared to their salaries
1 month, 3 weeks ago

Revealed: Where Britain's first-time buyers pay the most and least compared to their salaries

Daily Mail  

Getting on the property ladder is more affordable now than it was in 2022, according to the latest figures from Nationwide Building Society. Modest improvement: Affordability has improved compared to 2022, though first-time buyers are still paying a higher multiple of their income than they did in the past Higher: A typical first-time buyer with a 20% deposit would have …

Top 10 house price hot spots where value is increasing the most
2 months, 1 week ago

Top 10 house price hot spots where value is increasing the most

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Whilst 2024 saw a broad recovery of house prices, around a third of homes …

Average house seller in 2024 ‘made £91,820 more than they originally paid’
2 months, 1 week ago

Average house seller in 2024 ‘made £91,820 more than they originally paid’

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Stoke leads house prices higher while London languishes – report
2 months, 3 weeks ago

Stoke leads house prices higher while London languishes – report

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. have seen …

Mapped: How much rents have gone up in your region as prices hit record high
3 months ago

Mapped: How much rents have gone up in your region as prices hit record high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Annual growth in UK house prices and rents has accelerated, …

UK's most and least affordable towns
3 months, 1 week ago

UK's most and least affordable towns

Daily Mail  

Homes in Britain's least affordable borough cost up to 27-times the average salary, data shows. It comes as official figures today revealed the affordability ratio across England as a whole is now 8.6 because of spiralling house prices. All of the 20 least affordable local authorities in Britain are in London and the South East, bar Cotswold in the South …

Homes in England cost 18.2 times incomes of lowest 10% of households on average
3 months, 1 week ago

Homes in England cost 18.2 times incomes of lowest 10% of households on average

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Average UK house price reached new record high of £298,083 in November – Halifax
3 months, 2 weeks ago

Average UK house price reached new record high of £298,083 in November – Halifax

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. “This should …

What’s really behind the surprise surge in house prices?
3 months, 2 weeks ago

What’s really behind the surprise surge in house prices?

The Independent  

Sorry to make a soggy start to the week even more miserable, but it brings bad news for homebuyers. Nationwide recently trumpeted itself as the “first major lender to offer first-time buyers ability to borrow six times income, up to 95 per cent loan-to-value”. “The acceleration in house price growth is surprising, since affordability remains stretched by historic standards, with …

Britain’s most affordable towns revealed
4 months, 1 week ago

Britain’s most affordable towns revealed

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Those in London looking to get more for their …

Average house prices in UK reached record high in October
4 months, 2 weeks ago

Average house prices in UK reached record high in October

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. In the fourth monthly increase in a row, house prices increased by 0.2 per …

How much house prices are predicted to go up by across the UK
Trending News
4 months, 2 weeks ago

How much house prices are predicted to go up by across the UK

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Here are Savills’ predictions for house price increases over the …

Poorest families left £600 a year worse off by ‘regressive’ Budget, economists warn
4 months, 2 weeks ago

Poorest families left £600 a year worse off by ‘regressive’ Budget, economists warn

The Telegraph  

Stephen Millard, the deputy director for macroeconomic modelling and forecasting at Niesr, said: “The rise in the employer rate of National Insurance contributions will act to reduce job creation over the coming years, which will lead to greater unemployment.” Fresh financial pressures have emerged as households are still reeling from the cost of living crisis – when inflationary pressures disproportionately …

UK homeowners ‘sitting on £80,000 in property value gains on average’
5 months ago

UK homeowners ‘sitting on £80,000 in property value gains on average’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Homeowners who have purchased their …

Average rent across the UK reaches record high
5 months ago

Average rent across the UK reaches record high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. As well as a higher proportion of asking rent reductions, Rightmove also said there …

House prices are rising across the UK for the first time in two years
5 months, 1 week ago

House prices are rising across the UK for the first time in two years

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} House prices are …

Annual house price growth slows but rents climb at near-record rate, says ONS
6 months ago

Annual house price growth slows but rents climb at near-record rate, says ONS

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Annual house price growth increases at fastest rate since 2022
6 months, 3 weeks ago

Annual house price growth increases at fastest rate since 2022

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Annual house price growth has picked up at the fastest …

House prices grow steadily as ‘eye-watering’ rent increases hit
7 months, 1 week ago

House prices grow steadily as ‘eye-watering’ rent increases hit

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The rate at which house prices were rising in the …

The cities where homeowners are most likely to have seen their property value rise or fall
8 months ago

The cities where homeowners are most likely to have seen their property value rise or fall

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. While around just under seven million homes have Towns and cities in northern England …

House prices up year-on-year for third month in a row in May
8 months ago

House prices up year-on-year for third month in a row in May

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy House prices increased year-on-year for …

London house prices rise for first time in a year
8 months ago

London house prices rise for first time in a year

The Telegraph  

House prices in London and the South East have increased for the first time in a year as higher wages boost the property market. London prices rose by 0.2pc year-on-year in May, while properties in the South East climbed by 0.7pc, the first annual increase in either region since May 2023 and April 2023 respectively, according to the Office for …

House prices likely to rise more slowly than household incomes, says Zoopla
8 months, 3 weeks ago

House prices likely to rise more slowly than household incomes, says Zoopla

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “We expect house price inflation to remain muted, likely …

How house prices have changed in YOUR area: Interactive calculator reveals where property prices have risen and fallen most in the past year
10 months ago

How house prices have changed in YOUR area: Interactive calculator reveals where property prices have risen and fallen most in the past year

Daily Mail  

A new online calculator has revealed how house prices have changed over the last year in your area. Average house prices increased by 1.8 per cent in the 12 months to March, lifting the figure to £283,000, up from £281,000 in the previous month. Canterbury -12.10% -£38,945 Average house prices in Northern Ireland were up 4 per cent to £178,000 …

UK’s Wealthy Boost Property Asking Prices by Most in 12 Months
11 months ago

UK’s Wealthy Boost Property Asking Prices by Most in 12 Months

Live Mint  

-- Asking prices for UK homes rose at the highest annual pace in 12 months, driven by more top-of-the-ladder houses coming to market, according to the online sales portal Rightmove. “The top-of-the-ladder sector continues to drive pricing activity at the start of the year, with movers in this sector typically less sensitive to higher mortgage rates, and more equity rich,” …

Average price tag on a home sitting just £570 below previous record – Rightmove
11 months ago

Average price tag on a home sitting just £570 below previous record – Rightmove

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Mapped: The areas where UK house prices have fallen the most
11 months, 2 weeks ago

Mapped: The areas where UK house prices have fallen the most

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The average house price in the UK fell by 0.2 …

The areas where UK house prices have fallen the most
11 months, 2 weeks ago

The areas where UK house prices have fallen the most

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. “If these …

Britain's hidden property hotspots: As house prices fall at the fastest rate in 12 years, some lucky owners have seen the value of their home rise by up to 17% in a year
1 year, 1 month ago

Britain's hidden property hotspots: As house prices fall at the fastest rate in 12 years, some lucky owners have seen the value of their home rise by up to 17% in a year

Daily Mail  

Think again if you believe every corner of Britain has seen house prices tumbling thanks to high inflation, soaring interest rates and the general cost of living crisis. The beautiful port on the river Fal in Cornwall has a rich history dating back to 1613 It hosts two university campuses so has a younger and more affluent population than most …

Map: How house prices have fallen in your area as average cost of home at 12-year low
1 year, 2 months ago

Map: How house prices have fallen in your area as average cost of home at 12-year low

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. House prices fell by 2.1 per cent over the 12 months to November 2023 …

Natwest boss Howard Davies is wrong – Gen Z and millennials don’t expect to ever own a house
1 year, 2 months ago

Natwest boss Howard Davies is wrong – Gen Z and millennials don’t expect to ever own a house

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. It would be bad enough even …

Average UK house price ended last year £4,800 higher than at end of 2022 – index
1 year, 2 months ago

Average UK house price ended last year £4,800 higher than at end of 2022 – index

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The housing market “beat expectations” …

London house prices more than double in 20 years since release of Love Actually
1 year, 3 months ago

London house prices more than double in 20 years since release of Love Actually

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The average house price in …

Average house price predicted to be £45,000 higher by 2028
1 year, 4 months ago

Average house price predicted to be £45,000 higher by 2028

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

UK house prices ‘little changed’ from a year ago but rents show record rise
1 year, 5 months ago

UK house prices ‘little changed’ from a year ago but rents show record rise

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. ONS head of housing market indices Aimee North said: …

UK house prices have proven more resilient than expected, says Halifax
1 year, 5 months ago

UK house prices have proven more resilient than expected, says Halifax

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Many economists and financial markets predict that base rate …

Annual house price growth slows amid record jumps in rental prices
1 year, 6 months ago

Annual house price growth slows amid record jumps in rental prices

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Mapped: UK house prices falling at fastest annual rate since 2009
1 year, 6 months ago

Mapped: UK house prices falling at fastest annual rate since 2009

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Average house prices in the UK are falling at their …

Sharp drop in UK house prices as rising cost of borrowing hits market
1 year, 6 months ago

Sharp drop in UK house prices as rising cost of borrowing hits market

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. House prices fell by 5.3 per cent annually in August, taking the average property …

Discover Related