Gravesham vs Liverpool: buying or renting a home
A typical terraced house costs £165,000 (100%) more in Gravesham than in Liverpool. Measured against local pay, buying is harder in Gravesham: it takes 7.8× median annual pay, against 4.4× in Liverpool.
At a glance
| Gravesham | Liverpool | |
|---|---|---|
| Buying a home | Expensive | Fairly affordable |
| Renting a home | Expensive | Fairly affordable |
| Recorded crime | – | 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 Liverpool (£37,144) is 12% lower than in Gravesham (£42,199), while a typical terraced house costs 50% less (£165,000 against £330,000). Set against local pay, Liverpool is the easier of the two for a typical earner to buy in.
Buying a terraced house takes 7.8× annual pay in Gravesham and 4.4× in Liverpool. Renting one takes 39% of pay in Gravesham and 30% in Liverpool. Both are harder in Gravesham, and the gap is wider for buying.
Across all property types and measured against pay, Gravesham is the 104th most expensive of 316 areas to buy in, and Liverpool is the 27th least expensive of 316 areas. For renting against pay, Gravesham is the 101st most expensive of 316 areas and Liverpool is the 115th least expensive of 316 areas.
Someone on £40,000 in Gravesham would need about £20,000 in Liverpool to be equally placed to buy a terraced house, and about £27,000 to be equally placed to rent one. Keeping the same pay after a move to Liverpool would leave you better placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.
Can a typical earner buy?
| Terraced house | Gravesham | Liverpool |
|---|---|---|
| Median full-time pay | £42,199 | £37,144 |
| House price ÷ pay | 7.8× | 4.4× |
| Median pay as a share of income typically needed to buy | 64% | 113% |
| Rent a year as a share of median pay | 39% | 30% |
Buying, by property type
| Type | Gravesham | Liverpool | Difference |
|---|---|---|---|
| Detached | £592,500 | £380,000 | -36% in Liverpool |
| Semi-detached | £405,000 | £240,000 | -41% in Liverpool |
| Terraced | £330,000 | £165,000 | -50% in Liverpool |
Renting, by property type
| Type (average rent a month) | Gravesham | Liverpool | Difference |
|---|---|---|---|
| Detached | £1,929 | £1,225 | -36% in Liverpool |
| Semi-detached | £1,545 | £1,008 | -35% in Liverpool |
| Terraced | £1,354 | £917 | -32% in Liverpool |
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.
Show the figures
| Year | Gravesham | Liverpool |
|---|---|---|
| 2005 | 100 | 100 |
| 2006 | 104 | 110 |
| 2007 | 113 | 117 |
| 2008 | 111 | 113 |
| 2009 | 98 | 104 |
| 2010 | 104 | 105 |
| 2011 | 104 | 101 |
| 2012 | 105 | 99 |
| 2013 | 109 | 99 |
| 2014 | 119 | 103 |
| 2015 | 135 | 107 |
| 2016 | 155 | 110 |
| 2017 | 164 | 115 |
| 2018 | 167 | 121 |
| 2019 | 165 | 123 |
| 2020 | 167 | 128 |
| 2021 | 180 | 148 |
| 2022 | 196 | 161 |
| 2023 | 197 | 163 |
| 2024 | 194 | 166 |
| 2025 | 196 | 179 |
| 12 months to July 2026 | 196 | 183 |
In 2005 the average home cost £175,449 in Gravesham and £99,018 in Liverpool. Now it is £344,079 and £181,637: Gravesham is up 96% and Liverpool is up 83%. Prices have risen faster in Gravesham, 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.
Show the figures
| Year | Gravesham | Liverpool |
|---|---|---|
| 2005 | 6.9 years of pay | 4.9 years of pay |
| 2010 | 6.3 years of pay | 4.3 years of pay |
| 2015 | 8.3 years of pay | 4.1 years of pay |
| 2020 | 9.9 years of pay | 4.1 years of pay |
| 2025 | 8.1 years of pay | 4.8 years of pay |
In 2005 a home cost 6.9 years of pay in Gravesham and 4.9 years in Liverpool. In 2025 it was 8.1 years and 4.8 years.
Affordability has worsened more in Gravesham over that time.
How rents have changed in each area
Average monthly rent for all property types, indexed so that 2015 is 100.
Show the figures
| Year | Gravesham | Liverpool |
|---|---|---|
| 2015 | 100 | 100 |
| 2016 | 107 | 103 |
| 2017 | 113 | 104 |
| 2018 | 116 | 104 |
| 2019 | 120 | 105 |
| 2020 | 123 | 106 |
| 2021 | 125 | 111 |
| 2022 | 129 | 119 |
| 2023 | 136 | 127 |
| 2024 | 146 | 138 |
| 2025 | 158 | 151 |
| August 2026 | 168 | 161 |
In 2015 the average rent was £797 a month in Gravesham and £567 in Liverpool. Now it is £1,336 and £913: up 68% in Gravesham and up 61% in Liverpool. Rents have risen faster in Gravesham.
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 Gravesham to Liverpool
| Earning in Gravesham | Equivalent to buy in Liverpool | Equivalent to rent in Liverpool |
|---|---|---|
| £30,000 | £15,000 | £20,500 |
| £40,000 | £20,000 | £27,000 |
| £50,000 | £25,000 | £34,000 |
| £60,000 | £30,000 | £40,500 |
Moving from Liverpool to Gravesham
| Earning in Liverpool | Equivalent to buy in Gravesham | Equivalent to rent in Gravesham |
|---|---|---|
| £30,000 | £60,000 | £44,500 |
| £40,000 | £80,000 | £59,000 |
| £50,000 | £100,000 | £74,000 |
| £60,000 | £120,000 | £88,500 |