Interest Rate To Remain Low For 'Some Time'

Affordability Gap: Figures In Detail

Updated: 11:45pm UK, Tuesday 13 May 2014

The 10 most affordable and least affordable areas to buy a property in England and Wales.

They are listed by their affordability gap - the ratio between average house prices and average earnings of locals in each area.

The first figure is the average house price in that area, the next is the average local earnings, and the third is the affordability gap - calculated by dividing the first figure by the second...

Top Ten    

Kensington and Chelsea £935,000 £42,957  21.8  

Westminster £748,500   £38,355  19.5  

Camden £595,000   £37,372  15.9  

Hammersmith and Fulham £550,000 £34,778  15.8

Islington £450,100 £34,876  12.9 

Elmbridge £444,500 £36,161  12.3 

Wandsworth £450,000   £36,618  12.3 

Richmond upon Thames £475,000   £38,860  12.2 

Hackney £378,500   £31,023  12.2 

Brent £340,000  £27,950  12.2 

Bottom Ten   

Wigan £105,000   £25,589  4.1

Neath Port Talbot £93,750   £23,462  4.0

Stoke-on-Trent £88,000   £22,620  3.9

Merthyr Tydfil £86,000   £22,396  3.8   

Rhondda, Cynon, Taff £93,000   £24,872  3.7

Pendle £85,000   £22,932  3.7

Barrow-in-Furness £92,500   £27,794  3.3

Blaenau Gwent £70,000   £21,034  3.3

Copeland £115,000   £35,105  3.3

Burnley £71,500   £24,612  2.9 

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