House price to income ratio in the UK 2012-2024, per quarter

Published by Statista Research Department, Jan 28, 2025

The house price ratio in the United Kingdom (UK) increased in the third quarter of 2024, after falling for the past two years. The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. The UK's index score in the third quarter of 2024 amounted to 109.2, which means that house price growth has outpaced income growth by nine percent since 2015. This was close, but still lower than the Euro area 17 average.

Quarterly house price to income ratio in the United Kingdom (UK) from 1st quarter 2012 to 3rd quarter 2024

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Release date

December 2024

Region

United Kingdom

Survey time period

Q1 2012 to Q3 2024

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