HC Deb 10 December 1992 vol 215 cc770-1W
Mr. Milburn

To ask the Chancellor of the Exchequer what has been the percentage change in regional house price to earnings ratios in each region between the most recent quarter in 1992 for which information is available and the corresponding quarter of 1991.

Mr. Nelson

The latest published information on regional average earnings is for April 1992. The information requested, relating to the second quarter of 1992 and the corresponding quarter of 1991, is in the table:

Average house price to earnings ratio
Quarter 2 1991 Quarter 2 1992 Percentage change
Region
United Kingdom 4.12 3.87 -6.1
North 3.28 3.38 + 3.0
Yorkshire and Humberside 3.92 3.66 -6.6
East Midlands 4.09 3.76 -8.1
East Anglia 4.23 3.79 -10.4
South East
Greater London 4.50 4.01 -10.9
Rest of South East 5.02 4.53 -9.8
South West 4.53 4.10 -9.5
West Midlands 4.31 3.95 -8.4
North West 3.74 3.77 + 0.8
England 4.25 3.95 -7.1
Wales 3.49 3.52 + 0.9
Scotland 3.46 3.36 -2.9
Northern Ireland 2.59 2.63 + 1.5