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CITYOFLONDON PROPERTY NEWS

Tuesday July 9 2019


This house is worth 207 times more than the average UK home...


Research reveals how long it would take Brits to be able to afford celebrity homes.



This house is worth 207 times more than the average UK home...

It’s well reported that increasing house prices are making it difficult for Brits to step onto the property ladder, but for celebs as rich as the Kardashians, they have no such problems. The average home in the UK is worth £228,147 which despite being a mere fraction of the price of the Kardashian Jenner sisters properties, feels as far off as their million dollar mansions. New research from Public Desire compares how long it would take Brits to able to aford some of California's most saught after real estate.

It would take the average Brit almost 1601 years and 9 months’ work to earn enough money to buy Kim and Kanye’s $60million Hidden Hills home. The house is 207 times more expensive than the average UK property, valued at £228,147.

Kylie and Kendall’s latest real estate isn’t much more affordable though; taking 359 years for Brits to earn enough to buy Kylie’s $13.45 million mansion and 226 years and 11 months to earn enough to buy Kendall’s. At $8.5 million, Kendall’s house is the lowest in price, yet it is still 29 times more expensive than the average UK home. Pretty crazy given we’re out here struggling to save for a 5% mortgage!

Despite house prices in London being seemingly unaffordable, wages are also higher. This means Londoners could afford to Kim, Kylie or Kendall’s properties much quicker than those in other cities in the UK. On a London wage even it would still take 864 years and 7 months to be able to purchase Kim’s house, and that’s using your full wage on it too.

See how the rest of the UK fared…

UK wide

Pay £29,588

Kim's House 1601 years and 9 months

Kendall's House 226 years and 11 months

Kylie's House 359 years

Belfast

Pay £27,102

Kim's House1748 years and 8 months

Kendall's House  247 years and 8 months

Kylie's House 391 years and 11 months

Birmingham

Pay £30,373

Kim's House1560 years and 4 months

Kendall's House  221 years

Kylie's House 349 years and 9 months

Brighton

Pay £27,706

Kim's House 1710 years and 7 months

Kendall's House  242 years and 4 months

Kylie's House 383 years and 5 months

Bristol

Pay £29,416

Kim's House 1611 years and 1 months

Kendall's House  228 years and 2 months

Kylie's House 361 years and 1 months

Cardiff

Pay £27,550

Kim's House 1720 years and 3 months

Kendall's House  243 years and 8 months

Kylie's House 385 years and 7 months

Edinburgh

Pay £31,892

Kim's House 1486 years

Kendall's House  210 years and 6 months

Kylie's House  333 years and 1 months

Glasgow

Pay  £29,827

Kim's House 1588 years and 11 months

Kendall's House  225 years and 1 months

Kylie's House 356 years and 2 months

Leeds

Pay £28,699

Kim's House 1651 years and 4 months

Kendall's House  233 years and 11 months

Kylie's House 370 years and 2 months

Liverpool

Pay £28,304

Kim's House 1674 years and 5 months

Kendall's House  237 years and 2 months

Kylie's House 375 years and 4 months

London

Pay £54,813

Kim's House 864 years and 7 months

Kendall's House  122 years and 5 months

Kylie's House 193 years and 9 months

Manchester

Pay £28,907

Kim's House 1639 years and 6 months

Kendall's House  232 years and 3 months

Kylie's House 367 years and 6 months

Newcastle

Pay £24,050

Kim's House 1970 years and 7 months

Kendall's House  279 years and 2 months

Kylie's House 441 years and 8 months

Norwich

Pay £26,073

Kim's House 1817 years and 8 months

Kendall's House  257 years and 6 months

Kylie's House 407 years and 5 months

Nottingham

Pay £26,333

Kim's House 1799 years and 9 months

Kendall's House 254 years and 11 months

Kylie's House 403 years and 5 months

Sheffield

Pay £28,189

Kim's House 1681 years and 3 months

Kendall's House 238 years and 2 months

Kylie's House 376 years and 10 months

Southampton

Pay £29,723

Kim's House 1594 years and 5 months

Kendall's House 225 years and 10 months

Kylie's House 357 years and 5 months

Swansea

Pay £26,359

Kim's House 1798 years

Kendall's House 254 years and 8 months

Kylie's House 403 years



"It would take the average Brit almost 1601 years and 9 months work to earn enough money to buy Kim and Kanyes $60million Hidden Hills home. The house is 207 times more expensive than the average UK "
Public Desire research








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