Whether you are a first time buyer or looking to move up the property ladder, the housing market can be a turbulent place.
House price growth slowed this month to 2.1%, from 2.9% in July according to Nationwide, Britain's biggest building society. Property values also fell for the first time since May. Average house prices across the UK are now £210,495.
What about south Essex? Well it differs in all postcodes, but here is the breakdown:
Current average house values according to (Zoopla Zed-Index)
So how much money would you need to earn per hour to buy a house in south Essex?
Want to buy a house in Westliff-On-Sea, according to a recent study by web-blinds.co.uk, you would need to earn £18.03 per hour. Or £676.13 per week and £35,158.50 per annum, probably a sum out of reach for most first time buyers.
If that is the case then might be best to stay clear of Hockley as you would need £26.23 per hour, £983.63 per week and £51,148.50 per annum.
The cheapest in south Essex is the SS13 postcode where you would only need to earn £16.17 per hour, £606.38 per week or £31,531.50.
Here is the full breakdown by postcode:
SSO - Southend, Westcliff, hourly wage £18.03, weekly wage £676.13, yearly salary £35,158.00
SS1 - Southend, Thorpe Bay, hourly wage £19.60, weekly wage £735.00, yearly salary £38,220.00
SS2 - Prittlewell, Southend, hourly wage £16.27, weekly wage £610.13, yearly salary £31,726.50
SS3 - Shoebury, hourly wage £19.49, weekly wage £730.88, yearly salary £38,005.50
SS4 - Rochford, hourly wage £19.54, weekly wage £732.75, yearly salary £38,103.00
SS5 - Hockley, hourly wage £26.23, weekly wage £983.63, yearly salary £51,148.50
SS6 - Rayleigh,hourly wage £23.69, weekly wage £888.38, yearly salary £46,195.50
SS7 - Hadleigh, South Benfleet, Thundersley, hourly wage £23.68, weekly wage £888.00, yearly salary £46,176.00
SS8 - Canvey, hourly wage £17.50, weekly wage £656.25, yearly salary £34,125.00
SS9 - Eastwood, Leigh, hourly wage £24.16, weekly wage £906.00, yearly salary £47,112.00
SS11 - Wickford, hourly wage £22.15, weekly wage £830.63, yearly salary £43,192.50
SS12 - Wickford, hourly wage £21.19, weekly wage £794.63, yearly salary £41,320.50
SS13 - Basildon, hourly wage £16.17, weekly wage £606.38, yearly salary £31,531.50
SS14 - Basildon, hourly wage £16.29, weekly wage £610.88, yearly salary £31,765.50
SS15 - Laindon, hourly wage £19.59, weekly wage £734.63, yearly salary £38,200.50
SS16 - Langdon Hills, hourly wage £18.99, weekly wage £712.13, yearly salary £37,030.50
SS17 - Corringham, Stanford-le-Hope, hourly wage £21.37, weekly wage £801.38, yearly salary £41,671.50
CM11 - Billericay (East), Great Burstead, hourly wage £33.53, weekly wage £1,257.38, yearly salary £65,383.50
CM12 - Billericay (West), hourly wage 31.72, weekly wage £1,189.50, yearly salary £61,854.00
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