Salary needed to buy a home in City of London
See the published average house price for City of London. The local earnings figure is not reliable enough for the income comparisons shown on other area pages, so this page does not give a local salary comparison.
No reliable local pay estimate
The 2025 ASHE source marks the full-time median pay estimate for the City of London as unreliable for practical use. We show the published average house price, but leave the earnings ratio, deposit-to-income figure and savings time blank rather than estimate them.
Calculators
Mortgage calculator
Work out the monthly payment on a repayment, interest only or part and part mortgage, with the total interest and a table for each year.
Stamp Duty
Stamp Duty on a home in England or Northern Ireland.
Money games
Higher or lower: house prices
Guess which place has the dearer homes.
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Sources and data notes
- House prices: HM Land Registry, UK House Price Index, July 2026 (Northern Ireland publishes HPI quarterly; the July file carries the latest April to June 2026 figures for its local government districts.)
- England, Scotland and Wales earnings: ONS ASHE 2025 provisional, Table 8.7a by place of residence
- Northern Ireland earnings: NISRA ASHE 2025 provisional by Local Government District of residence
- Pay measure: Median annual gross pay for full-time employee jobs at place of residence (ONS Table 8.7a; NISRA corresponding NI table). ONS describes median as its preferred measure of typical earnings because it is less affected by a small number of high earners. Estimates marked unreliable or unavailable are not used.
- Take-home estimate: our take-home pay engine, using 2026/27 tax rules; no pension or student loan.
Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0. Earnings are not a household-income measure. Northern Ireland house prices update quarterly.