UK Average Property Price as Multiple of Average Earnings (1953-2012)

Notes.

Repayment cost calculated as the monthly payment on a 25 year mortgage set at the short term rate as plotted, and on a property with the average value.

Data sources:

• Earnings, Gold Price
  http://www.measuringworth.com/
  Earnings
  http://www.ons.gov.uk
  


• Property Prices
  http://www.nationwide.co.uk/hpi/

Colin,
January 2013

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