Burnley is the most affordable town in the UK when it comes to local people being able to buy a house.
The average property in Burnley was bought for £101,000 in the year to January, according to the latest data from the Land Registry.
That makes it the cheapest local authority in which to buy a house in the whole of the country. When you take local salaries into account, it’s also the most affordable.
The average full-time employee who lives in Burnley, Lancashire, earns £30,932 a year. That means the average home in the area is 3.3 times greater than the average salary.
That’s the lowest house price to income ratio of any local authority in the UK for which data is available. East Ayrshire is the next most affordable place to buy a home.
The average property there cost £129,000 in the year to January. That works out as 3.6 times the average local salaries.
North Ayrshire was the next most affordable place, with homes there costing an average of £131,000 each, which works out as 3.7 times the average salary.
Hartlepool homes cost an average of £124,000 each, or 3.8 times the local salary. In the city of Aberdeen the average home cost £137,000, or 3.9 times local salary, and in Hyndburn in Lancashire the average home cost £123,000, which is also 3.9 times the local salary.
You can see how affordable homes are in your local area using our interactive map:
The average home in the UK was sold for £282,000 in the year to January. That’s compared to an average full-time salary of £34,963 a year.
It means the average house costs 8.1 times the average salary in the UK. Kensington and Chelsea is the least affordable place to buy a home in the country.
The average house there sold for £1.2 million in the year to January. That’s the highest average of any local authority in the UK. It also works out as 28.6 times the average local salary, which is the highest ratio in the country.
The average home in the City of Westminster cost £937,000 in the year to January. That works out as 18.4 times the average salary, which is the second-highest ratio in the country.
In Camden homes sold for an average of £797,000 each, or 17.7 times the average salary, and in Hammersmith and Fulham they sold for an average of £725,000, or 16.1 times the local salary.
20 most affordable local authorities
LA: x times local average salary
Burnley: 3.3
East Ayrshire: 3.6
North Ayrshire: 3.7
Hartlepool: 3.8
City of Aberdeen: 3.9
Hyndburn: 3.9
North Lanarkshire: 4
County Durham: 4
West Dunbartonshire: 4
Na h-Eileanan Siar: 4.2
Renfrewshire: 4.3
South Lanarkshire: 4.4
Blackburn with Darwen: 4.5
Blaenau Gwent: 4.5
South Ayrshire: 4.5
City of Kingston upon Hull: 4.5
Stoke-on-Trent: 4.5
Sunderland: 4.6
Middlesbrough: 4.6
Angus: 4.8
20 cheapest local authorities
LA: Average house price year to Jan 24
Burnley: £101,000
Hyndburn: £123,000
Hartlepool: £124,000
County Durham: £125,000
Inverclyde: £126,000
East Ayrshire: £129,000
North Ayrshire: £131,000
City of Kingston upon Hull: £131,000
Blackpool: £133,000
Pendle: £133,000
Stoke-on-Trent: £135,000
Blaenau Gwent: £136,000
Sunderland: £136,000
Middlesbrough: £136,000
City of Aberdeen: £137,000
West Dunbartonshire: £137,000
North Lanarkshire: £139,000
Blackburn with Darwen: £141,000
Merthyr Tydfil: £144,000
City of Dundee: £146,000
