Pay vs Place

Bristol vs Hackney: buying or renting a home

A typical terraced house costs £805,000 (212%) more in Hackney than in Bristol. Measured against local pay, buying is harder in Hackney: it takes 23.9× median annual pay, against 9.6× in Bristol.

Bristol, terraced
£380,000
Income typically needed: £76,000
Median full-time pay: £39,509
Hackney, terraced
£1,185,000
Income typically needed: £237,000
Median full-time pay: £49,482

At a glance

Bristol Hackney
Buying a home Expensive Very expensive
Renting a home Very expensive Very expensive
Recorded crime High Above average

Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.

What the numbers say

Median full-time pay in Hackney (£49,482) is 25% higher than in Bristol (£39,509), while a typical terraced house costs 212% more (£1,185,000 against £380,000). Set against local pay, Bristol is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 9.6× annual pay in Bristol and 23.9× in Hackney. Renting one takes 61% of pay in Bristol and 77% in Hackney. Both are harder in Hackney, and the gap is wider for buying.

Across all property types and measured against pay, Bristol is the 99th most expensive of 316 areas to buy in, and Hackney is the 21st most expensive of 316 areas. For renting against pay, Bristol is the 14th most expensive of 316 areas and Hackney is the 5th most expensive of 316 areas.

Someone on £40,000 in Bristol would need about £124,500 in Hackney to be equally placed to buy a terraced house, and about £63,500 to be equally placed to rent one. Keeping the same pay after a move to Hackney would leave you worse placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.

Police recorded 131.0 crimes per 1,000 residents in Bristol and 116.5 in Hackney, so recorded crime per resident is 11% lower in Hackney. The biggest difference is in criminal damage and arson: 10.7 per 1,000 in Bristol against 6.0 in Hackney.

Can a typical earner buy?

Terraced house Bristol Hackney
Median full-time pay £39,509 £49,482
House price ÷ pay 9.6× 23.9×
Median pay as a share of income typically needed to buy 52% 21%
Rent a year as a share of median pay 61% 77%

Buying, by property type

Type Bristol Hackney Difference
Terraced £380,000 £1,185,000 +212% in Hackney
Flat £265,000 £528,000 +99% in Hackney

Renting, by property type

Type (average rent a month) Bristol Hackney Difference
Terraced £2,008 £3,186 +59% in Hackney
Flat £1,508 £2,360 +56% in Hackney

Crime

Police recorded 131.0 crimes per 1,000 residents in Bristol and 116.5 in Hackney, so recorded crime per resident is 11% lower in Hackney.

Police recorded crime per 1,000 residents Bristol Hackney Difference
All recorded crime (excluding fraud) 131.0 116.5 -11% in Hackney
Violence against the person 47.4 30.0 -37% in Hackney
Sexual offences 5.2 3.4 -34% in Hackney
Robbery 3.0 5.9 +96% in Hackney
Residential burglary (per 1,000 households) 9.2 12.1 +32% in Hackney
Vehicle offences 9.8 6.8 -31% in Hackney
Theft from the person 0.8 15.5 +1840% in Hackney
Criminal damage and arson 10.7 6.0 -43% in Hackney

Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.

How prices have changed in each area

Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.

Bristol: 227Hackney: 265
House prices in Bristol and Hackney since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Bristol now 227, Hackney now 265.10015020025030020052010201520202025House prices in Bristol and Hackney since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Bristol now 227, Hackney now 265.10015020025030020102020
Show the figures
YearBristolHackney
2005100100
2006108111
2007121127
2008116137
2009103124
2010112132
2011112135
2012114143
2013118163
2014131200
2015144222
2016164236
2017173241
2018180239
2019182243
2020189256
2021201252
2022222260
2023225260
2024224260
2025227265
12 months to July 2026227265

In 2005 the average home cost £154,224 in Bristol and £235,667 in Hackney. Now it is £350,147 and £623,478: Bristol is up 127% and Hackney is up 165%. Prices have risen faster in Hackney, so the gap between the two has widened.

Buying a home against local pay, over time

Average house price divided by median full-time pay. Higher means harder to afford.

Bristol: 8.9 years of payHackney: 12.6 years of pay
Years of median pay needed to buy the average home in Bristol and HackneyBristol now 8.9, Hackney now 12.6 years of pay.0×5×10×15×20×20052010201520202025Years of median pay needed to buy the average home in Bristol and HackneyBristol now 8.9, Hackney now 12.6 years of pay.0×5×10×15×20×20052010201520202025
Show the figures
YearBristolHackney
20057.0 years of pay8.8 years of pay
20106.8 years of pay10.1 years of pay
20158.1 years of pay16.3 years of pay
20209.0 years of pay16.1 years of pay
20258.9 years of pay12.6 years of pay

In 2005 a home cost 7.0 years of pay in Bristol and 8.8 years in Hackney. In 2025 it was 8.9 years and 12.6 years.

Affordability has worsened more in Hackney over that time.

How rents have changed in each area

Average monthly rent for all property types, indexed so that 2015 is 100.

Bristol: 177Hackney: 144
Rents in Bristol and Hackney since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Bristol now 177, Hackney now 144.100120140160180201620182020202220242026Rents in Bristol and Hackney since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Bristol now 177, Hackney now 144.100120140160180201520202025
Show the figures
YearBristolHackney
2015100100
2016108103
2017115105
2018118105
2019120107
2020125106
2021131104
2022143105
2023155114
2024165126
2025168138
August 2026177144

In 2015 the average rent was £1,064 a month in Bristol and £1,850 in Hackney. Now it is £1,883 and £2,658: up 77% in Bristol and up 44% in Hackney. Rents have risen faster in Bristol.

What your salary is worth in each area

Salary needed to afford the same kind of home (terraced), going by median prices and average rents.

Moving from Bristol to Hackney

Earning in Bristol Equivalent to buy in Hackney Equivalent to rent in Hackney
£30,000 £93,500 £47,500
£40,000 £124,500 £63,500
£50,000 £156,000 £79,500
£60,000 £187,000 £95,000

Moving from Hackney to Bristol

Earning in Hackney Equivalent to buy in Bristol Equivalent to rent in Bristol
£30,000 £9,500 £19,000
£40,000 £13,000 £25,000
£50,000 £16,000 £31,500
£60,000 £19,000 £38,000
Prices are medians for each property type over the last 12 months of registered sales; types with fewer than 100 sales in either area are left out. Rents are ONS averages for the area. Pay is the median for full-time employees living in the area, before tax. Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Salary equivalents compare housing costs only, not other living costs, tax or the pay you could earn in a new job.

All Bristol figures · All Hackney figures