What You Need to Earn to Buy in PE5

The median home in PE5 sold for £490,000. To buy at that price you'd typically need a household income of about £92,500 — based on a 15% deposit and a 4.5× income multiple. Prices are up 37.2% on the previous year.

Deposit needed to buy in PE5

Deposit %	Deposit £	Mortgage needed
5%	£24,500	£465,500
10%	£49,000	£441,000
15%	£73,500	£416,500
25%	£122,500	£367,500

A typical mortgage on the £490,000 median (85% LTV, 4.5% over 25 years) costs around £2,315/month. Based on 41 Land Registry sales.

Common questions about buying in PE5

What salary do you need to buy a house in PE5?

The median home in PE5 sold for £490,000. With a 15% deposit and a typical 4.5× income multiple, you'd need a household income of about £92,500 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 PE5?

Borrowing £416,500 (85% of the £490,000 median) at 4.5% over 25 years works out at roughly £2,315 a month on a repayment basis.

How much deposit do you need to buy in PE5?

On the £490,000 median price, a 5% deposit is £24,500 and a 10% deposit is £49,000. A larger deposit usually unlocks lower rates.

Are house prices in PE5 rising or falling?

Based on the latest Land Registry sold prices, prices in PE5 are up 37.2% on the previous year, across 41 recorded sales.

Can you afford to buy in PE5?

Check exactly how much 60+ UK lenders would lend you — with your income. No credit search.

Check My Affordability

Your next steps & guides