House Prices to Earnings Ratio

The ratio of house prices to earnings is one measure of how affordable it is to buy a property. The higher the ratio, the less affordable it is for households to get onto the property ladder. Affordability ratios across Devon are higher than the national average.

Please note; this data is based on the ratio of lower quartile house price to lower quartile earnings.

Sources: Communities and Local Government Table 576 - taken from ONS Annual Survey of Hours and Earnings and HM Land Registry - January 2011

Compare this data set on an interactive map
  2006 2007 2008 2009 2010
Devon 9.66 9.93 9.67 8.64 9.21
Plymouth 6.89 7.26 7.12 6.43 6.33
Torbay 9.06 9.95 9.2 8.15 8.04
Somerset 8.18 8.9 8.82 7.65 7.80
England 7.15 7.25 6.97 6.28 6.69
East Devon 10.42 10.22 9.89 9.16 9.99
Exeter 8.86 9.13 9.05 7.65 8.21
Mid Devon 10.14 9 9.08 7.17 7.82
North Devon 10.44 10.05 9.9 9.04 9.99
South Hams 11.28 11.03 11.13 9.86 11.23
Teignbridge 9.2 9.88 9.5 8.83 9.12
Torridge 10.42 10.57 9.87 9.29 10.22
West Devon 9.64 11.11 12.09 9.31 10.19