The price of property in Kensington and Chelsea is now nearly 40 times a worker’s average earnings.
Figures from the Office for National Statistics (ONS) confirm the Royal borough to yet again be the least affordable place to live in the England.
House prices in the borough, which is home to affluent areas such as South Kensington, Holland Park and Knightsbridge cost around 38.5 times annual earnings.
That compares to an average 7.72 times annual earnings across the country.
According to ONS figures properties in Kensington and Chelsea have remained the least affordable across the country since its series began in 1997.
However, back then a home in the borough was only 11.8 times the average income.
Across the country an average home cost 7.72 times a worker’s average annual earnings in 2016, up from a multiple of 7.52 in 2015.
In 1997 the average home in England cost 3.54 times wages.
In Wales, a home cost around 5.79 times earnings in 2016.
The ONS said that while the average price paid for a home in England and Wales increased by 259% between 1997 and 2016, average annual earnings have increased by 68%.
The most affordable local authority in 2016 was Copeland, where a home cost around 2.8 times earnings.
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