The house price to income ratio in the United Kingdom (UK) from the second quarter of 2015 to the first quarter of 2021 fluctuated, reaching a value of 115.4 as of the first quarter of 2021. The smallest price to income ratio in the UK during this time period was found in the second quarter of 2015, when a house price to income ratio of 99.1 was recorded.
The house price to income ratio is calculated by dividing nominal house prices by nominal disposable income per head. The house price to income ratio in the UK in the last quarter of 2020 was lower than the Euro Area 17 average in the fourth quarter of 2020 (114.2).
House price to income ratio in United Kingdom (UK) from 2nd quarter 2015 to 1st quarter 2021
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OECD. (August 25, 2021). House price to income ratio in United Kingdom (UK) from 2nd quarter 2015 to 1st quarter 2021 [Graph]. In Statista. Retrieved November 28, 2021, from https://www.statista.com/statistics/591728/house-price-to-income-ratio-the-uk/
OECD. "House price to income ratio in United Kingdom (UK) from 2nd quarter 2015 to 1st quarter 2021." Chart. August 25, 2021. Statista. Accessed November 28, 2021. https://www.statista.com/statistics/591728/house-price-to-income-ratio-the-uk/
OECD. (2021). House price to income ratio in United Kingdom (UK) from 2nd quarter 2015 to 1st quarter 2021. Statista. Statista Inc.. Accessed: November 28, 2021. https://www.statista.com/statistics/591728/house-price-to-income-ratio-the-uk/
OECD. "House Price to Income Ratio in United Kingdom (Uk) from 2nd Quarter 2015 to 1st Quarter 2021." Statista, Statista Inc., 25 Aug 2021, https://www.statista.com/statistics/591728/house-price-to-income-ratio-the-uk/
OECD, House price to income ratio in United Kingdom (UK) from 2nd quarter 2015 to 1st quarter 2021 Statista, https://www.statista.com/statistics/591728/house-price-to-income-ratio-the-uk/ (last visited November 28, 2021)
