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Warfield’s 2–3 bed price gap has widened sharply since 2006, but moving up isn’t as unaffordable. Lower mortgage rates, higher equity, and incomes mean real monthly costs have risen less than headlines suggest making some moves more achievable than assumed.
The latest figures from the Office for National Statistics (ONS) suggest something rather unexpected. After years of worsening affordability, the picture has begun to improve. Wages have risen faster than house prices since 2021, nudging the headline affordability ratios in the right direction. On the face of it, that feels like progress.
A NEW monthly drop just for you, covering all things Reading. From community to events, places to check out and Reading property market updates and advice. Kiel Holder - Proud to be your estate agent in Reading, as featured in The Guardian, Ask the Expert
Let’s call it what it is: being on the market with no real progress is frustrating.