“… The United Kingdom has a seriously unaffordable major market Median Multiple ranking of 4.5 in 2016 and a severely unaffordable Median Multiple of 4.6 overall.
None of the United Kingdom’s 21 major housing markets are classed as affordable according to Demographia.
Six major markets in the UK are classed as severely unaffordable including; Bournemouth and Dorset,
Plymouth and Devon,
the London Exurbs (East and Southeast England, virtually all outside the London greenbelt), Bristol-Bath, Liverpool and Merseyside, and Warrington and Cheshire. “