Home Truths South West report

Key points:

  • The average house price in the South West of England is over nine times average incomes at £228,420.
  • Meanwhile, private sector rents across the South West average £693.
  • In Bath & North East Somerset (B&NES), this ratio of house prices to incomes is 11.7x – the highest in the West of England region – and private sector rents in B&NES are the highest across the whole of the South West of England, at £964 a month.

Victor da Cunha, Curo Chief Executive, said:

“We support the National Housing Federation’s calls for commitment and strong action from government to end the housing crisis within a generation. To tackle the massive housing shortage identified in the report, more housing needs to be built in the right places at the right prices. At Curo we’re taking action on this, currently building around 300 new homes a year and growing this capacity to be able to deliver 500 homes annually over the coming years.”