Figure 1: Ratio of median house price to median annual earnings
England and Wales, 1997 to 2016
Source: House Price Statistics for Small areas and Annual Survey of Hours and Earnings, Office for National Statistics
Data for annual earnings are not available before 1999. For these years the ratio of house price to earnings has been calculated using annualised weekly earnings. Annualised weekly earnings are not produced on an identical basis to annual earnings and are therefore not directly comparable.