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Evening Standard
Evening Standard
Vicky Shaw

Homes in England cost 18.2 times incomes of lowest 10% of households on average

The ONS looked at affordability in home ownership (Victoria Jones/PA) - (PA Archive)

Only the top 10% of households in England by income could afford an average-priced home with fewer than five years of household income last year, according to Office for National Statistics (ONS) figures.

In Wales, the top 30% of households by income would have been able to afford an average-priced home with five years of household income in the financial year ending in 2023.

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