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What You Need to Earn to Buy in LA17

The median home in LA17 sold for £242,500. To buy at that price you'd typically need a household income of about £46,000 — based on a 15% deposit and a 4.5× income multiple. Prices are down 33.5% on the previous year.

Deposit needed to buy in LA17

Deposit %Deposit £Mortgage needed
5%£12,125£230,375
10%£24,250£218,250
15%£36,375£206,125
25%£60,625£181,875

A typical mortgage on the £242,500 median (85% LTV, 4.5% over 25 years) costs around £1,146/month. Based on 38 Land Registry sales.

Common questions about buying in LA17

What salary do you need to buy a house in LA17?

The median home in LA17 sold for £242,500. With a 15% deposit and a typical 4.5× income multiple, you'd need a household income of about £46,000 to buy at that price. Higher-multiple lenders can reduce the income required — check your own figure with the affordability calculator.

How much is a typical mortgage payment in LA17?

Borrowing £206,125 (85% of the £242,500 median) at 4.5% over 25 years works out at roughly £1,146 a month on a repayment basis.

How much deposit do you need to buy in LA17?

On the £242,500 median price, a 5% deposit is £12,125 and a 10% deposit is £24,250. A larger deposit usually unlocks lower rates.

Are house prices in LA17 rising or falling?

Based on the latest Land Registry sold prices, prices in LA17 are down 33.5% on the previous year, across 38 recorded sales.

Can you afford to buy in LA17?

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