CHESHIRE’S most and least affordable places to live have been revealed.
A study by property loan experts Buzz Capital has ranked the county’s towns by affordability.
Taking into account property prices and average salaries, the study has named Knutsford as the least affordable place to live.
The Cheshire East town has an average salary of £40,600 while the average house price over the last year was £618,694.
As such, the average salary equates to just 6.6 per cent of the average house price.
At the other end of the scale, Runcorn is the most affordable place in Cheshire with a higher average salary than Knutsford of £41,700.
Meanwhile, house prices are significantly cheaper with an average of £178,609.
Therefore the average salary equates to nearly a quarter of the average house price - 23.3 per cent.
Most affordable towns in Cheshire
1. Runcorn, Halton: Average salary: £41,700, average house price over the last year: £178,609, average salary equates to 23.3 per cent of average house price
2. Widnes, Halton: Average salary: £41,700, average house price over the last year: £195,053, average salary equates to 21.4 per cent of average house price
3. Crewe, Cheshire East: Average salary: £40,600, average house price over the last year: £197,551, average salary equates to 20.6 per cent of average house price
4. Ellesmere Port, Cheshire West and Chester: Average salary: £38,000, average house price over the last year: £198,761, average salary equates to 19.1 per cent of average house price
5. Winsford, Cheshire West and Chester: Average salary: £38,000, average house price over the last year: £205,553, average salary equates to 18.5 per cent of average house price
Least affordable towns in Cheshire
1. Knutsford, Cheshire East: Average salary: £40,600, average house price over the last year: £618,694, average salary equates to 6.6 per cent of average house price
2. Wilmslow, Cheshire East: Average salary: £40,600, average house price over the last year: £520,953, average salary equates to 7.8 per cent of average house price
3. Poynton, Cheshire East: Average salary: £40,600, average house price over the last year: £479,294, average salary equates to 8.5 per cent of average house price
4. Neston, Cheshire West and Chester: Average salary: £38,000, average house price over the last year: £351,394, average salary equates to 10.8 per cent of average house price
5. Frodsham, Cheshire West and Chester: Average salary: £38,000, average house price over the last year: £308,506, average salary equates to 12.3 per cent of average house price
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