Affording a home in Kirklees and Calderdale should be within reach for buyers – but only just.
Average prices in Calderdale are 3.9 times the average wages, where homes cost £99,559 on average and wages are £25,278, and 4.4 times in Kirklees, with prices of £111,423 and wages of £25,326.
Unsurprisingly, Kensington and Chelsea is the least affordable place in England and Wales, with average prices 29.4 times average wages.
The average home in the borough costs £1.34 million, while the average wage is £45,625.
James White, director at Huddersfield-based estate agents Ryder & Dutton, said: “The market is fairly stable at the moment and there are plenty of first time buyers paying up to £150,000, particularly where they have dual incomes and are looking to be more ambitious.
“The slack in the market at around £80,000 is being taken up by buy to let landlords.
“Couples are saving longer and then moving into a higher price bracket. In addition some of the mortgage products being offered now are some of the best there have been for years.
“Some are just amazing and that’s helping to stimulate the market too following quite a bit of negativity over the summer.”
The most affordable places in England and Wales are in the Welsh Valleys – in Merthyr Tydfil the average home costs £62,244, 2.9 times the local average wage of £21,374.