Facts and figures relating to housing in the West Midlands region, updated October 2008.
Housing affordability index by local authority
|
Malvern Hill
|
11.01
|
Redditch
|
7.64
|
|
South Shropshire*
|
10.24
|
Stafford
|
7.56
|
|
Bridgnorth
|
10.19
|
Rugby
|
7.09
|
|
Bromsgrove
|
9.70
|
Tamworth
|
7.07
|
|
Herefordshire, County of
|
9.40
|
Dudley
|
7.06
|
|
Wychavon
|
9.38
|
Cannock Chase
|
6.97
|
|
South Staffordshire
|
9.28
|
North Warwickshire
|
6.88
|
|
Stratford-on-Avon
|
9.01
|
Nuneaton and Bedworth
|
6.68
|
|
Lichfield
|
8.96
|
Walsall
|
6.50
|
|
North Shropshire
|
8.92
|
East Staffordshire
|
6.49
|
|
Worcester
|
8.64
|
Newcastle-under-Lyme
|
6.46
|
|
Shrewsbury and Atcham
|
8.63
|
Birmingham
|
6.45
|
|
Warwick
|
8.59
|
Telford and Wrekin
|
6.41
|
|
Solihull
|
7.95
|
Coventry
|
6.33
|
|
Wyre Forest
|
7.75
|
Sandwell
|
6.28
|
|
Staffordshire Moorlands
|
7.74
|
Wolverhampton
|
6.18
|
|
Oswestry
|
7.67
|
Stoke on Trent
|
4.60
|
Source: ONS Annual Survey of hours and earnings, HM Land Registry (2007)
*Figure for 2006 as 2007 figure not available
Housing affordability index by region
|
|
2001
|
2002
|
2003
|
2004
|
2005
|
2006
|
2007
|
Change 2001-2007
|
|
England
|
4.22
|
4.72
|
5.23
|
6.27
|
6.82
|
7.12
|
7.25
|
71.8%
|
|
London
|
6.30
|
7.31
|
7.73
|
8.25
|
8.50
|
8.64
|
9.14
|
45.1%
|
|
South West
|
5.44
|
6.37
|
7.11
|
8.17
|
8.55
|
8.47
|
8.96
|
64.7%
|
|
South East
|
5.83
|
6.90
|
7.48
|
8.09
|
8.62
|
8.58
|
8.89
|
52.5%
|
|
East of England
|
5.02
|
5.96
|
6.68
|
7.57
|
8.01
|
8.03
|
8.56
|
70.5%
|
|
East Midlands
|
3.72
|
4.34
|
4.88
|
6.07
|
6.46
|
6.69
|
7.03
|
89.0%
|
|
West Midlands
|
3.88
|
4.42
|
4.98
|
5.95
|
6.47
|
6.78
|
6.88
|
77.3%
|
|
Yorkshire and the Humber
|
3.07
|
3.25
|
3.48
|
4.79
|
5.32
|
5.80
|
6.26
|
103.9%
|
|
North West
|
2.95
|
3.10
|
3.28
|
4.42
|
5.00
|
5.61
|
5.94
|
101.4%
|
|
North East
|
2.78
|
2.85
|
3.09
|
4.14
|
4.75
|
5.30
|
5.51
|
98.2%
|
Source: ONS Annual Survey of hours and earnings, HM Land Registry (2007)
There are several different approaches to calculating housing affordability. The measure used here compares lower quartile house prices to lower quartile full-time earnings and is a widely used approach. However, this approach does not take into account total household incomes and also takes no account of the mix of housing types available in an area.