Housing: Prices
The question
To ask the Secretary of State for Housing, Communities and Local Government, what assessment he has made of trends in house prices in the East of England in the last 10 years.
Answered by Matthew Pennycook
My Department has made no specific assessment of house prices or housing affordability in the South Basildon and East Thurrock constituency or the East of England more generally.
The Office for National Statistics (ONS) publishes data on house prices and annual earnings to calculate affordability ratios for national and subnational geographies in England and Wales on an annual basis. This is published on the ONS website here. The East of England average affordability ratio in 2024 was 9.1.
The ONS also publishes data on private rental and house prices. The latest release can be found on the ONS website here.
The ONS also publishes annual data on private rental affordability in England, Wales and Northern Ireland. The latest release can be found on the ONS website here.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →