House in London costs as much as 22 houses in Liverpool

House in London costs as much as 22 houses in Liverpool

A three-bedroom house in central London costs an average of €2.15 million. Similar house in Liverpool can be purchased for €98 thousand. The most affordable property in Great Britain is located in East Ayrshire, Scotland, and is worth €86.6 thousand, according to ee24.com citing telegraph.co.uk.

To buy a home in Kensington and Chelsea for €2.15 million, the annual family income should be €552 thousand. To buy a house in the 352 out of 376 British areas, family has to earn more than the average nationwide, ie €33.7 thousand and more. Usual family can afford to buy a house only in the remaining 24 districts of the country, including Nottingham, Liverpool, Blaenau Gwent, Falkirk and East Ayrshire.