The average UK annual salary or monthly wage of full-time employees differs drastically across industries. According to the Annual Survey of Hours and Earnings, average gross annual earnings for full-time employees was £27,600 in 2015, which was a 1.6% increase from the previous year. Depending on which sector you join and where you’re situated, your salary could quickly outstrip this amount.
According to Graduate Jobs, the median starting salary for UK graduates in 2016 is between £19,000 and £22,000, which isn’t far from the national average. However, this figure is heavily influenced by several factors that will determine just how much you earn at what age.
The Uk property department did a study and was shocked to find out the result. In England, an annual price increase of 5.2% which takes the average property value to £240,325. Monthly house prices have risen by 0.8% since May 2017. In Wales, an annual price increase of 3.6% which takes the average property value to £151,672. Monthly house prices have risen by 2.9% since May 2017. In London shows an annual price increase of 2.9% which takes the average property value to £481,556. Monthly house prices have fallen by 0.7% since May 2017.
Renting prices in London have risen by 7.7% in to past year to £1,560 a month, which makes rental costs in the capital to more than double the Uk average. When we look across the Uk, renting is an average of £749 a month, which is rising 3.5% per year – according to Homelet (a House Renting company).
In turn, this means that the average person can afford Social Housing. The only reason why there isn’t enough of it is because of space. Space is the one thing that makes us homeless. In Northampton, there are two large plots which can be built upon. These include the old bus station and the old Chronicle building. The council could easily build some apartments here hence making more space for people to live. We can already see this happening at an old pub.
There is no need to live with your parents or be homeless for long!
Google Maps Co ords :
52°14’23.7″N 0°53’44.5″W – The Old Bus Station.
52°14’28.5″N 0°53’30.6″W – The Old Chronicle Building.
52°15’13.2″N 0°53’59.3″W – The Old Pub – New Housing.