HC Deb 08 April 1974 vol 872 c59W
Mr. Wigley

asked the Secretary of State for Wales if he will publish the ratio of average price of dwellings purchased in Wales to the average income of the purchaser, for each of the last 10 years.

Mr. John Morris

The information requested is not available for years prior to 1966. The ratio of the average price of dwellings in Wales purchased by means of a building society mortgage to the average annual income of mortgagors for each year from 1966 to 1973 is given in the table below:

Year and Average price of all dwellings purchased under mortgage in Wales as a ratio of the average annual income of mortgagors.
1966 2.49
1967 2.41
1968* 2.42*
1969 2.43
1970 2.36
1971 2.29
1972 2.59
1973 3.05
* The 1968 figure is estimated from figures for the last three-quarters of the year.

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