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Understanding housing affordability to determine the best property search areas for homeowners moving out of London

Chi, B; Dennett, A; Evans, T; Morphet, R; (2021) Understanding housing affordability to determine the best property search areas for homeowners moving out of London. In: Proceedings of the 29th GISRUK Conference. GISRUK: Cardiff, Wales, UK. Green open access

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Abstract

In this paper we created a novel framework for understanding housing affordability in England using a linked house price dataset. Regional house price studies revealed that after the global economic crisis, there was an unprecedented regional house price divergence driven by faster price increases in London from 2009 onwards. To ease England’s resulting housing affordability issues, we consider the scenario of a typical London homeowner to offer a new insight into local housing affordability by different property type in England and explore the best property search areas for homeowners moving out of London.

Type: Proceedings paper
Title: Understanding housing affordability to determine the best property search areas for homeowners moving out of London
Event: 29th Annual GIS Research UK Conference (GISRUK)
Dates: 13 April 2021 - 16 April 2021
Open access status: An open access version is available from UCL Discovery
DOI: 10.5281/zenodo.4664620
Publisher version: http://dx.doi.org/10.5281/zenodo.4664620
Language: English
Additional information: © 2021 This is an open access article under the CC BY 4.0 license Attribution 4.0 International (https://creativecommons.org/licenses/by/4.0/)
Keywords: House price per square meter, affordable property size, housing affordability, local authority
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Centre for Advanced Spatial Analysis
URI: https://discovery.ucl.ac.uk/id/eprint/10128697
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