Metric permalink
House price to earnings ratio (England)
Part of the Housing and Household Formation domain. Ratio of median house prices to median full-time earnings in England, the standard measure of housing affordability for buyers.
Latest data
Latest reading
2025
A higher reading is treated as worse for this indicator.
Score composition
Stress score
Blended from three components: (60% weight), trend (30% weight) and volatility (10% weight). Full formula on the methodology page.
Level · 60% weight
Percentile: this metric is scored against its own history, where today sits between its best and worst recorded years.
Trend · 30% weight
Measured from the direction and size of the change between the two most recent readings.
Volatility · 10% weight
43Measured from how much this indicator has swung period on period across its recorded history.
Data confidence and provenance
Confidence and source
How much weight to put on the reading, the mean data-confidence across the component metrics (source quality, recency and completeness).
Source
Housing affordability statistics
- Update frequency
- Annual
- Reliability
- high
Provenance
- Provider
- ONS
- Series ID
- house price to workplace earnings, England (median)
- Frequency
- annual
- Accessed
- 13 June 2026
Known weakness
England-only and annual frequency; median price conceals large regional variation, and the measure does not account for interest rates or deposit requirements.
Notes
Verified official value from ONS (house price to workplace earnings, England (median)), accessed 2026-06-13.
Historical values
History
| Period | Value | Relative |
|---|---|---|
| 2010 | 6.85 | |
| 2011 | 6.79 | |
| 2012 | 6.77 | |
| 2013 | 6.76 | |
| 2014 | 7.09 | |
| 2015 | 7.54 | |
| 2016 | 7.72 | |
| 2017 | 7.91 | |
| 2018 | 8.04 | |
| 2019 | 7.88 | |
| 2020 | 7.87 | |
| 2021 | 9.06 | |
| 2022 | 8.56 | |
| 2023 | 8.45 | |
| 2024 | 7.8 | |
| 2025 | 7.6 |