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The Independent UK

Business

Vicky Shaw

Housing affordability in England at worst levels since 1999, says ONS

England Helen Morrissey Office for National Statistics Marc von Grundherr Hargreaves Lansdown

PA Archive

Housing affordability in England has deteriorated to its worst levels since records started in 1999, according to the Office for National Statistics (ONS).

In the year to the end of March 2021, the average home sold in England cost £275,000 – the equivalent of 8.7 times the average annual disposable household income, the ONS said.

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