House price affordability in South Wales
What percentage of homes can people afford by job and location?
Cardiff and South Wales is an excellent location to live, work and play! In the centre of Cardiff and the surrounding areas house prices compared to the rest of the UK are very competitive. However outside of Cardiff, house prices are extremely favourable with a range of houses to suit every salary band. In addition, train travel on the valley network railway also allows people to easily commute to the centre of Cardiff.
Reallymoving has analysed UK salaries and property prices to calculate what proportion of homes people in certain jobs could afford. The infographic below shows figures for the City of Cardiff.
In addition to the above, the company has also researched what % of homes can a train driver in cities across the UK can afford, allowing a comparison of how far salaries go on home purchasing in each region.