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



PurpleGorilla
23rd October 2015, 11:05
How affordable is your postcode? Try our house prices calculator and find the most expensive and cheapest places to buy - Huddersfield Examiner (http://www.examiner.co.uk/news/west-yorkshire-news/how-affordable-your-postcode-try-10311136)

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?

LucidDementia
23rd October 2015, 11:11
My postcode the average household wage is £31,339 and the average property £210,000 giving a ratio of 7 times.

d000hg
23rd October 2015, 11:16
£23k / £115k (5X)

But it's doing the whole county.

LucidDementia
23rd October 2015, 11:17
£23k / £115k (5X)

But it's doing the whole county.

Indeed. I reckon the gap would be even wider if it were more local!

PurpleGorilla
23rd October 2015, 11:20
£23k / £115k (5X)

But it's doing the whole county.

That's a shame - it definitely varies on area for my neck of the woods - I've tried a few...

meridian
23rd October 2015, 11:23
£45,687 / £680,000. 15x average income.

As others have pointed out, this appears to be an average of the wider area.

There will also be other anomalies, like my retired neighbour in a £1m house with only a pension income.

_V_
23rd October 2015, 11:23
£41k average income, average house £182k, 4.5 time average income.

MicrosoftBob
23rd October 2015, 11:26
Average Net Household Income

£ 30,648

Average house price

£ 139,975

I assumed average incomes were lower, and house prices were lower than that

_V_
23rd October 2015, 11:27
When you consider that in Belgravia, it reckons the average income is abour £40K, when most residents spend that every day on their servants wages.

Total statistical nonsense.

VectraMan
23rd October 2015, 11:28
28K / 155K, so 6x. So the average person has no hope, as in most places.

And I don't believe £155K for a minute. When I was thinking about buying 6 months ago only flats were available for £155K and you'd need more like £190K for a small 2 bed house.

meridian
23rd October 2015, 11:32
When you consider that in Belgravia, it reckons the average income is abour £40K, when most residents spend that every day on their servants wages.

Total statistical nonsense.

Average declarable income, so for the Russians and Chinese that will be 0.

d000hg
23rd October 2015, 11:37
£23k / £115k (5X)

But it's doing the whole county.That was for my postcode in Durham City.

£21k / £123k in the scummy poverty-stricken village we bought our first house - a 4-bed semi currently worth ~£60k.

I call bobbins.

Jog On
23rd October 2015, 11:56
£46,262/£447,500

10 x :eek:

That is for the whole borough of Richmond upon Thames though

Not my place however, numbers are a lot more sensible... :nerd

WTFH
23rd October 2015, 11:57
£42k/£490k. 12x
I've not seen any properties on the market (or sell) in this postcode for under £500k in the last 6 years.

OwlHoot
23rd October 2015, 12:10
My postcode the average household wage is £31,339 and the average property £210,000 giving a ratio of 7 times.

You must live in a right dump - My ratio is 7.1 :D

vwdan
23rd October 2015, 12:17
Current rental property is £24k:£70k, we're hopefully buying in a £30:£230,000...

alphadog
23rd October 2015, 12:31
38k / 378k... 10x for me. You wouldn't get much of a house round here for less than 350k, so those numbers sound about right.

As for affordability... welcome to Blighty.

VectraMan
23rd October 2015, 12:46
That was for my postcode in Durham City.

£21k / £123k in the scummy poverty-stricken village we bought our first house - a 4-bed semi currently worth ~£60k.

I call bobbins.

Are houses really that cheap anywhere in the country?

Why do I live here?

SueEllen
23rd October 2015, 13:12
How affordable is your postcode? Try our house prices calculator and find the most expensive and cheapest places to buy - Huddersfield Examiner (http://www.examiner.co.uk/news/west-yorkshire-news/how-affordable-your-postcode-try-10311136)


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.

PurpleGorilla
23rd October 2015, 13:28
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?

oracleslave
23rd October 2015, 14:20
43k and 555k

ELBBUBKUNPS
23rd October 2015, 14:31
Mines x 10 :eek 38k / 372500

d000hg
23rd October 2015, 14:32
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 (http://www.rightmove.co.uk/property-for-sale/property-35954022.html)

unixman
23rd October 2015, 14:35
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

AtW
23rd October 2015, 14:38
£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.

oracleslave
23rd October 2015, 14:40
a fairly nice house,

That's a small hovel

d000hg
23rd October 2015, 15:16
No, it's a regular family home for normal people. Way bigger than the flats most Londoners live in ;)

SueEllen
23rd October 2015, 15:58
Where in London is that?

Nowhere you can afford!

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

PurpleGorilla
23rd October 2015, 16:01
Nowhere you can afford!

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

Let me guess, Boomerhamton?

PurpleGorilla
23rd October 2015, 16:02
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 shite - I agree - do you know of anything better?

Zero Liability
23rd October 2015, 16:27
How affordable is your postcode? Try our house prices calculator and find the most expensive and cheapest places to buy - Huddersfield Examiner (http://www.examiner.co.uk/news/west-yorkshire-news/how-affordable-your-postcode-try-10311136)

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. :D

NibblyPig
23rd October 2015, 17:35
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.

vetran
23rd October 2015, 17:47
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.