Page 204 - Minutes of meeting

The Housing Challenge

Affordability & Mix

The data shows Barrow-in-Furness to possess good access to affordable housing, relative to other parts of England. Affordability
ratios are composed of median house prices and median resident-based earnings, with a lower ratio indicating that prices and
earnings are closer together (affordable) – Barrow’s affordability ratio is well below the North West and England’s.

The English Indices of Multiple Deprivation contains a domain specific to barriers to housing and services. For this domain, most
areas in Barrow fall within the least deprived parts of England – suggesting good access to housing in the Town.

Barrow-in-Furness Housing Stock Composition relative
to England and Wales, 2018
Area Median house prices Affordability ratio*

Change since Change since
2018 Value
2013 2013

Barrow-in-
Furness £122,500 23% 3.64 1%

Cumbria £165,000 18% 5.62 9%

North West £160,000 23% 5.82 -14%

England £239,000 29% 8.00 18%

Relative to England and Wales, Barrow has fewer flats, semi-detached and detached houses, and significantly more terraced
houses. Almost half of Barrow’s housing stock of 33,500 was terraced housing in 2018 at around 16,340 units. Semi-detached
houses were the second most common type of dwelling (7,480 - 23% of total), followed by flats (3,510 – 11%), then bungalows
(3,380 – 10%), and detached houses (2,190 – 7%).

Copyright © Hatch 2018. All Rights Reserved. Data source: ONS House price to residence-based earnings ratio, 2019. *NB: lower ratio indicates affordability.
A higher (increasing) ratio indicates lower affordability.