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Winchester is least affordable UK city to buy a home

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Hampshire city overtakes Oxford, with properties costing 14 times average earnings, says Halifax

Winchester has become the least affordable city in the UK to buy a home, as property prices average 14 times people’s earnings.

The Hampshire city has overtaken Oxford, according to analysis by Halifax, the UK’s biggest mortgage lender. A home in Winchester will set buyers back an average £630,432 – the highest in the country and up 8% on 2020, while average earnings are £45,059.

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