Berkshire Property – The County’s Most Expensive and Affordable Areas to Buy a Home


Since 2014, the Bank of England has set the maximum loan ratio at 4.5 times income. Only 15% of all mortgages are allowed to exceed this amount.

Based on this maximum borrowing level, no neighborhood in Berkshire is truly affordable for those who live there.

However, it is important to note that the figures do not include any deposits that a family may have saved.

In England and Wales, the least affordable area to buy a house is in an area of ​​Knightsbridge, Belgravia and Hyde Park in Westminster, London.

The average house price there, of 3.2 million pounds, is 91.7 times the average income.



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The most expensive districts of Berkshire:

Local authority // Neighborhood // Average income // Average price of housing // Difference
Windsor and Maidenhead // South Ascot and Sunningdale // £ 46,720 // £ 775,000 // 16.6
Windsor and Maidenhead // Cookham & Waltham // £ 44,465 // £ 587,500 // 13.2
Windsor and Maidenhead // City of Windsor and Eton // £ 39,202 // £ 499,990 // 12.8
West Berkshire // Kintbury and Boxford // £ 46,506 // £ 583,000 // 12.5
West Berkshire // Streatley and Pangbourne // £ 52,842 // £ 645,000 // 12.2
Windsor and Maidenhead // Ascot and North Ascot East // £ 46,291 // £ 565,000 // 12.2
Bracknell Forest // Winkfield and Cranbourne // £ 44,143 // £ 537,500 // 12.2
Windsor and Maidenhead // Bray Wick and Holyport // £ 48,654 // £ 579,000 // 11.9
Windsor and Maidenhead // Maidenhead East // £ 51,017 // £ 602,500 // 11.8
Wokingham // Arborfield & Garrison // £ 43,284 // £ 494,950 // 11.4

The most affordable neighborhoods in Berkshire:

Local authority // Neighborhood // Average income // Average price of housing // Difference
Wokingham // Lower Earley South // £ 57,783 // £ 305,000 // 5.3
Reading // Southampton Street and Redlands Road // £ 50,802 // £ 275,000 // 5.4
Reading // Battle & Caversham Bridge // £ 48,654 // £ 270,000 // 5.5
Reading // Wokingham Road // £ 48,009 // £ 280,000 // 5.8
Reading // Coley Park // £ 40,276 // £ 235,000 // 5.8
Reading // Palmer Park // £ 45,109 // £ 265,000 // 5.9
Reading // Reading Central // £ 49,943 // £ 295,000 // 5.9
West Berkshire // Thatcham North East // £ 54,024 // £ 320,000 // 5.9
West Berkshire // Calcot South // £ 46,291 // £ 285,000 // 6.2
Bracknell Forest // Central Bracknell & Wildridings // £ 41,780 // £ 259,000 // 6.2

Outside London, the most expensive area is in the Oxshott and Stoke D’Abernon area of ​​Elmbridge, Surrey, where houses typically sell for £ 1.1million, or 24.2 times income. way.

Meanwhile, the most affordable place to buy a home is in a neighborhood in the Horden area of ​​County Durham, where the average cost of a property for the year through September 2020 was 38,000. £.

It’s just 1.6 times the average income.

Overall, only 17% of neighborhoods in England and Wales would be affordable to the average household, based on a maximum borrowing level of 4.5 times income.

Average income estimates are based on the income of each household member in 2018, including employment income, investment returns and benefits, less taxes, pension contributions and maintenance payments – adjusted for the average increase in earnings observed between 2018 and 2020.


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