Average First-Time Buyer Deposits
Updated: 1:24am UK, Wednesday 19 June 2013
A regional breakdown of how long it would take average first-time buyers to save for a deposit in their local area:
NORTH EAST
:: Average first-time buyer house price: £74,981
:: Average first-time buyer deposit: £14,996
:: Years for a couple to save average deposit: 4.5
:: Years for a couple with a child to save average deposit: 8.8
:: Years for a single person to save a deposit: 9.3
NORTH WEST
:: Average first-time buyer house price: £81,193
:: Average first-time buyer deposit: £16,239
:: Years for a couple to save average deposit: 4.5
:: Years for a couple with a child to save average deposit: 8.5
:: Years for a single person to save a deposit: 9.8
YORKSHIRE & THE HUMBER
:: Average first-time buyer house price: £87,599
:: Average first-time buyer deposit: £17,520
:: Years for a couple to save average deposit: 4.5
:: Years for a couple with a child to save average deposit: 8.8
:: Years for a single person to save a deposit: 10
EAST MIDLANDS
:: Average first-time buyer house price: £91,985
:: Average first-time buyer deposit: £18,397
:: Years for a couple to save average deposit: 4.8
:: Years for a couple with a child to save average deposit: 8.8
:: Years for a single person to save a deposit: 10.5
WEST MIDLANDS
:: Average first-time buyer house price: £85,167
:: Average first-time buyer deposit: £17,033
:: Years for a couple to save average deposit: 5
:: Years for a couple with a child to save average deposit: 9.8
:: Years for a single person to save a deposit: 10.3
EAST
:: Average first-time buyer house price: £129,986
:: Average first-time buyer deposit: £25,997
:: Years for a couple to save average deposit: 6
:: Years for a couple with a child to save average deposit: 11.8
:: Years for a single person to save a deposit: 13
LONDON
:: Average first-time buyer house price: £278,417
:: Average first-time buyer deposit: £55,683
:: Years for a couple to save average deposit: 10.8
:: Years for a couple with a child to save average deposit: 20.5
:: Years for a single person to save a deposit: 29.5
SOUTH EAST
:: Average first-time buyer house price: £158,319
:: Average first-time buyer deposit: £31,664
:: Years for a couple to save average deposit: 7
:: Years for a couple with a child to save average deposit: 13
:: Years for a single person to save a deposit: 15.3
SOUTH WEST
:: Average first-time buyer house price: £127,753
:: Average first-time buyer deposit: £25,551
:: Years for a couple to save average deposit: 7
:: Years for a couple with a child to save average deposit: 13.3
:: Years for a single person to save a deposit: 15
ENGLAND
:: Average first-time buyer house price: £139,920
:: Average first-time buyer deposit: £27,984
:: Years for a couple to save average deposit: 6.5
:: Years for a couple with a child to save average deposit: 11.8
:: Years for a single person to save a deposit: 14.3
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