York: Gap between earnings and house prices increased by more than £200k since 1997

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The gap between average earnings and house prices in York has increased by £223,893 in 25 years.

New data from the Office for National Statistics shows that in 1997, the median house price in York was £57,500, which is £41,998 more than the median workplace earnings at £15,502. However, in 2023, the median house price was £300,000, which is £265,891 more than the median workplace earnings at £34,109.

72 2001 85,000 19,917 4.27 2002 105,000 21,048 4.99 2003 131,000 21,077 6.22 2004 145,950 22,442 6.5 2005 161,495 23,260 6.94 2006 167,000 22,822 7.32 2007 177,000 24,912 7.11 2008 179,950 25,128 7.16 2009 163,000 25,169 6.48 2010 173,000 24,346 7.11 2011 175,000 24,960 7.01 2012 177,000 26,277 6.74 2013 180,000 27,604 6.52 2014 190,000 25,880 7.34 2015 210,000 25,622 8.2 2016 216,500 26,113 8.29 2017 227,500 26,448 8.6 2018 235,000 26,508 8.87 2019 243,250 29,611 8.21 2020 250,000 31,096 8.

 

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