Oxford named least affordable city for solo homebuyers

Summarised from 2 outlets · Updated 3 Oct, 06:12 · Archive

Oxford has been named the least affordable city for solo homebuyers, with average house prices at £549,600.

Oxford has been identified as the least affordable city for solo homebuyers, according to analysis by financial expert Russell Hammond. The average house price in the city stands at £549,600, whilst the average salary is £44,000, meaning house prices are 12.5 times annual earnings.

This ratio demonstrates the significant challenge facing individual buyers attempting to purchase property in Oxford without additional financial support or dual incomes.

How it is being reported

• Oxford named least affordable city for solo homebuyersOxford Mail · 3 Oct, 06:06
• Oxford named least affordable city for solo homebuyersOxfordshire Guardian · 3 Oct, 06:06

In this story: Oxford · Russell Hammond

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