Spotlight
Private rental affordability, England, Wales and Northern Ireland: 2022
What's in the bulletin?
- Private renters on a median household income could expect to spend 26% of their income on a median-priced rented home in England, compared with 23% in Wales and 25% in Northern Ireland, in the financial year ending March 2022.
- London was the least affordable region and the only region above a 30% affordability threshold, with a median rent of £1,450 being equivalent to 35% of median income.
- In all but two regions of England, a low rent (the lowest 25%) cost more than 30% of a low privately renting household income.
UK House Price Index: December 2023
What's in the bulletin?
- Average UK house prices decreased by 1.4% in the 12 months to December 2023 (provisional estimate), up from a decrease of 2.3% (revised estimate) in the 12 months to November 2023.
- The average UK house price was £285,000 in December 2023, which was £4,000 lower than 12 months previous.
- Average house prices over the 12 months to December 2023 decreased in England to £302,000 (negative 2.1%), decreased in Wales to £214,000 (negative 2.5%), but increased in Scotland to £190,000 (3.3%).
How are monthly mortgage repayments changing in Great Britain?
How are average house prices and changing interest rates affecting monthly mortgage repayments across Great Britain?
Datasets related to Housing
-
House price to workplace-based earnings ratio
Affordability ratios calculated by dividing house prices by gross annual workplace-based earnings. Based on the median and lower quartiles of both house prices and earnings in England and Wales.
-
Residential property sales for administrative geographies: HPSSA dataset 6
Number of residential property sales in England and Wales, by property type and administrative geographies. Annual data.
-
Median house prices for administrative geographies: HPSSA dataset 9
Median price paid for residential property in England and Wales, by property type and administrative geographies. Annual data.
-
House price to residence-based earnings ratio
Affordability ratios calculated by dividing house prices by gross annual residence-based earnings. Based on the median and lower quartiles of both house prices and earnings in England and Wales.
-
Towns and cities analysis
Statistics on towns and cities in England and Wales with a focus on housing and deprivation.
-
Disability and housing
Housing outcomes for disabled people in the UK aged 16 to 64 years, with analysis by age, sex, impairment type, country and region using Annual Population Survey (APS) data.
Publications related to Housing
Statistical bulletins
-
Short-term lets through online collaborative economy platforms, UK: Quarter 4 2023
The number of guest nights, nights, and stays for short-term lets offered via online collaborative economy platforms (Airbnb, Booking.com and Expedia Group).
-
Housing affordability in England and Wales: 2023
Data on house prices and annual earnings to calculate affordability ratios for national and subnational geographies in England and Wales on an annual basis.
-
Index of Private Housing Rental Prices, UK: January 2024
An experimental price index tracking the prices paid for renting property from private landlords in the UK.
-
UK House Price Index: December 2023
Monthly house price inflation in the UK, calculated using data from HM Land Registry, Registers of Scotland, and Land and Property Services Northern Ireland.
-
Private rental affordability, England, Wales and Northern Ireland: 2022
Private rent prices by country and English region, expressed as a percentage of gross monthly income of private renting households. Part of our additional measures of housing affordability series.
-
Housing, England and Wales: Census 2021
Accommodation type, tenure, rooms and bedrooms, central heating and car or van availability in England and Wales, Census 2021 data.
Articles
-
Research Outputs: Subnational stock of secured deposits held by the Tenancy Deposit Protection schemes in England
Using data from Tenancy Deposit Protection (TDP) scheme providers to estimate the number of dwellings that have tenancies with a secure deposit held.
-
How are monthly mortgage repayments changing in Great Britain?
How are average house prices and changing interest rates affecting monthly mortgage repayments across Great Britain?
-
Monthly mortgage repayments up 61% for average semi-detached home in the UK
We summarise some key trends from our newly launched mortgage repayments calculator tool
-
Private rental prices development plan, UK
Overview of our plans for the statistical development of rental prices statistics, including a timeline for development.
-
The cost of living alone
As the number of one-person households continues to rise, analysis reveals the financial situation and personal well-being of those living alone.
-
How green is your street?
Have you ever wondered how green your street is compared with your neighbourhood, or your city? The Data Science Campus at Office for National Statistics is experimenting with a new way of analysing how green cities are.
Methodology related to Housing
- Valuation Office Agency property attribute data: quality assurance of administrative data used in Census 2021
- House price statistics for small areas QMI
- Household Satellite Account (experimental)
- Admin-based statistics for property floor space, feasibility research: England and Wales
- Admin-based accommodation type statistics for England and Wales, feasibility research: 2011
Find, compare and visualise statistics about places within the United Kingdom.