Related topic: House prices

Towns in Northern England, Scotland and Wales top the affordability rankings.

New data from Nationwide reveals the most and least affordable areas in Britain.

A single person now needs a salary of £56,476 to afford the average UK house price.

The average asking price for a typical mid-market second-stepper home is 52% more than a 0-2 bedroom.

Buyer demand was already running lower than in last year’s busier market, but has fallen no further since the beginning of the Iran war.

Housing market confidence remains fragile as global uncertainty weighs on buyer sentiment.

Northern Ireland and Scotland continue to post the highest annual percentage growth.

The average house price in the UK would climb from £270,259 to £314,581.

Continued improvement in affordability is helping to drive first-time buyer activity.

Transactions dipped by 5% from December but remain steady compared with January 2025.