Jump to content
House Price Crash Forum
Sign in to follow this  
Take me to the cleaners

Some Statistics To Think About

Recommended Posts

Just musing over some figures which you all may find interesting.

FT today indicates average price for a house in August was £190,833, down 0.1% from July.


CML statistics show that the median FTB put 87% of the purchase price down with an income multiple of 3.19 (there were 27,840 FTBs in July if I am reading the figures correctly).


This means for the median FTB to buy the average house they would have had to produce a deposit of £24,808 and have a £52,000 salary.

Surely this cannot continue for much longer, can it?

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 317 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.