Published 26 Mar 2026, 07:00 House price to earnings Selected point 2025 · 7.55, down 0.19 on a year earlier
7.50 7.60 7.70 7.80 2024 · 7.74, down 0.54 on a year earlier 2025 · 7.55, down 0.19 on a year earlier 7.55 2024 2025 7.50 7.60 7.70 7.80 2024 · 7.74, down 0.54 on a year earlier 2025 · 7.55, down 0.19 on a year earlier 7.55 2024 2024 2025 7 8 9 10 2020 · 7.82, up 0.09 on a year earlier 2021 · 8.95, up 1.13 on a year earlier 2022 · 8.45, down 0.50 on a year earlier 2023 · 8.28, down 0.17 on a year earlier 2024 · 7.74, down 0.54 on a year earlier 2025 · 7.55, down 0.19 on a year earlier 7.55 2020 2025 7 8 9 10 2020 · 7.82, up 0.09 on a year earlier 2021 · 8.95, up 1.13 on a year earlier 2022 · 8.45, down 0.50 on a year earlier 2023 · 8.28, down 0.17 on a year earlier 2024 · 7.74, down 0.54 on a year earlier 2025 · 7.55, down 0.19 on a year earlier 7.55 2020 2022 2025 7 8 9 10 2016 · 7.59 2017 · 7.77, up 0.18 on a year earlier 2018 · 7.85, up 0.08 on a year earlier 2019 · 7.73, down 0.12 on a year earlier 2020 · 7.82, up 0.09 on a year earlier 2021 · 8.95, up 1.13 on a year earlier 2022 · 8.45, down 0.50 on a year earlier 2023 · 8.28, down 0.17 on a year earlier 2024 · 7.74, down 0.54 on a year earlier 2025 · 7.55, down 0.19 on a year earlier 7.55 2016 2025 7 8 9 10 2016 · 7.59 2017 · 7.77, up 0.18 on a year earlier 2018 · 7.85, up 0.08 on a year earlier 2019 · 7.73, down 0.12 on a year earlier 2020 · 7.82, up 0.09 on a year earlier 2021 · 8.95, up 1.13 on a year earlier 2022 · 8.45, down 0.50 on a year earlier 2023 · 8.28, down 0.17 on a year earlier 2024 · 7.74, down 0.54 on a year earlier 2025 · 7.55, down 0.19 on a year earlier 7.55 2016 2020 2025 7 8 9 10 2016 · 7.59 2017 · 7.77, up 0.18 on a year earlier 2018 · 7.85, up 0.08 on a year earlier 2019 · 7.73, down 0.12 on a year earlier 2020 · 7.82, up 0.09 on a year earlier 2021 · 8.95, up 1.13 on a year earlier 2022 · 8.45, down 0.50 on a year earlier 2023 · 8.28, down 0.17 on a year earlier 2024 · 7.74, down 0.54 on a year earlier 2025 · 7.55, down 0.19 on a year earlier 7.55 2016 2025 7 8 9 10 2016 · 7.59 2017 · 7.77, up 0.18 on a year earlier 2018 · 7.85, up 0.08 on a year earlier 2019 · 7.73, down 0.12 on a year earlier 2020 · 7.82, up 0.09 on a year earlier 2021 · 8.95, up 1.13 on a year earlier 2022 · 8.45, down 0.50 on a year earlier 2023 · 8.28, down 0.17 on a year earlier 2024 · 7.74, down 0.54 on a year earlier 2025 · 7.55, down 0.19 on a year earlier 7.55 2016 2020 2025 Source: Office for National Statistics 26 Mar 2026, 07:00
What this means for people A higher ratio means a typical home costs more years of full-time pay, so buying is less affordable on this measure.
A ratio of 8 means the median home cost eight times median full-time earnings. Earnings for the newest year are provisional and are revised in the following annual release.
For the average price in pounds, see house prices .
Latest figures See the figures as a table The latest 10 readings, newest first. Period Value 2025 7.55 2024 7.74 2023 8.28 2022 8.45 2021 8.95 2020 7.82 2019 7.73 2018 7.85 2017 7.77 2016 7.59
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How to read this England and Wales only The ratio covers England and Wales. Scotland and Northern Ireland are separate, so this is not a UK figure. Live in Scotland or Northern Ireland? SeeScotland's house prices Northern Ireland's house prices
Full-time pay, where the job is Earnings are full-time gross annual pay, counted where people work, not where they live. The survey records pay in April.
House prices end in September The house price covers the twelve months ending in September. Earnings are from April. The two are not the same month.
A ratio, not a price in pounds The median price paid is divided by median earnings.
Source
Publisher Office for National Statistics
Official title Ratio of median house price to median gross annual workplace-based earnings, England and Wales
Series K04000001
Geography England and Wales
Status Official statistics Cite this Office for National Statistics (2026) Ratio of median house price to median gross annual workplace-based earnings, England and Wales, 2025 (series K04000001 ).