The salary you need to buy a home across the UK

Explore the map below to discover the salary you need to buy a home in the major towns and cities across the UK.

Show:

Salary needed
Average price

To buy a:

Flat
Terraced
Semi
Detached

Most expensive

City £15,000
City £15,000
City £15,000
City £15,000
City £15,000

Most affordable

City £15,000
City £15,000
City £15,000
City £15,000
City £15,000
The salary needed to buy a...
Flat
£
Terraced
£
Semi
£
Detached
£
How did we work this out?
For example, if the average price of a flat is £150,000
Monthly mortgage repayments*
on a repayment mortgage would be £750

To keep housing costs affordable, we are using an example of a third of your take-home income .

Housing costs of £750 a month would mean you would need to make a minimum take home pay of £2,300 a month after tax to keep these costs below a third of your take-home pay.

To achieve that, your annual salary after tax would need to be at least £28,000, depending on your financial circumstances. This figure does not take into account other financial commitments you may have, for example a student loan.

* Based on 90% mortgage with an example 6.5% interest rate over 25 years
< £200k
£200k - £300k
£300k+
box
Sources:

House prices were taken from HM Land Registry UK House Price Index: April 2023.

Monthly repayments were calculated based on the 90% mortgage with 6.5% interest rate over 25 years.

Retrieved: July 2023

Disclaimer:

The content on this page (Content) is provided for general information only. The content in not intended to amount to and does not constitute any form of financial or other advice, recommendation, representation, warranty or guarantee on which you should rely. You must obtain professional or specialist advice before taking, or refraining form, any action or decision on the basis of the Content.

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