Prospective homeowners in parts of Bristol would need to borrow nearly 13 times the average income to be able to afford a house.
Exclusive analysis of government figures by Bristol Live has revealed just how unaffordable homes across our city have become.
Charities warned the study showed how Britain is in the grip of a housing “crisis” that is affecting young people and those on low incomes in particular - putting them at greater risk of homelessness.
The analysis works by comparing average household income in each neighbourhood - areas of about 7,200 people - with the average house prices there.
Eight great homes for sale in Bristol under £150,000 right now
In the neighbourhood to the east of Westbury Park - the least affordable area in Bristol - the average family would need to borrow 12.7 times the local average yearly income to afford a home.
While the average net household income in the area is a healthy £44,745 a year, the average house sold for a whopping £568,500 in the year to June 2018.
Tiny homes that look like shipping containers to be built in car park
Meanwhile, a house in the neighbourhood surrounding Bristol Temple Meads train station - the most affordable area in Bristol - could be bought for 6.8 times the average household income.
There, the average net household income is £29,651 a year, and the median house price is £202,475. Since 2014, the Bank of England has set the maximum ratio of loans as 4.5 times income. Only 15 per cent of all mortgages are allowed to exceed this.
Based on this level of maximum borrowing, no neighbourhoods in Bristol are actually affordable to those living there. It’s important to note that the figures don’t include any deposit that a family might have saved, however.
Use our interactive to see the situation in your neighbourhood:
