Last year, an average cost of housing in the country exceeded 7.72 times an average annual income of a Briton, which is slightly higher than the level of 2015 (7.52%). Thus, the availability of housing in the country in 2016 reached a record low since the beginning of the the data calculation by ONS in 1997.
For comparison, in 1997, an average price of housing in the UK was greater 3.54 times than an average income of a resident of the country.