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Home Earning More

Sell My House Quickly in Ealing

Sell My House Quickly found another interesting article about properties in Ealing. Is your home earning more than you are?

Home Earning MoreFor some, this could well be true. Newly released data has revealed that that house prices in 92 areas of Britain have climbed by more than the average net annual salary in the last year – an unusual trend that is stretching far beyond the south.

Research by estate agent comparison site, GetAgent.co.uk, analysed the latest house price data from the Land Registry and found that since last year, house prices are up by £20,162. With the average net annual income sitting at £25,246 across Britain, this means the average property has made the equivalent of 80% of the average salary.

However, in some parts of Britain, the average property has made far more in the last year when compared to the average salary of a person living there. You can find the full list of the 92 areas below but for any enquiries as to how your local area has performed just get in touch.

Here are just some to see the most notable increases in house prices compared to the average earnings around Britain.

Bath and North East Somerset is home to the hardest earning bricks and mortar, with house prices up £61,931 since this time last year. This equates to a huge 260% of the average annual net earnings of £23,784 in the area.

South Hams also ranks high, with the £44,339 gained in house prices coming in at 219% of the average net earnings in the area (£20,203).

We found this article about Is your home earning more than you are? on Property Reporter. Kindly click the link to read the full story.

At Sell My House Quickly Ealing, we pay fair prices for any property fast and quick so please feel free to Contact us here for more details.