Pay vs Place

Liverpool vs Newark and Sherwood: buying or renting a home

A typical terraced house costs £4,000 (2%) more in Newark and Sherwood than in Liverpool. Measured against local pay, buying is about equally hard in both.

Liverpool, terraced
£165,000
Income typically needed: £33,000
Median full-time pay: £37,144
Newark and Sherwood, terraced
£169,000
Income typically needed: £34,000
Median full-time pay: £37,118

At a glance

Liverpool Newark and Sherwood
Buying a home Fairly affordable Fairly affordable
Renting a home Fairly affordable Fairly affordable
Recorded crime Above average About 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 Newark and Sherwood (£37,118) is the same than in Liverpool (£37,144), while a typical terraced house costs 2% more (£169,000 against £165,000).

Buying a terraced house takes 4.4× annual pay in Liverpool and 4.6× in Newark and Sherwood. Renting one takes 30% of pay in Liverpool and 26% in Newark and Sherwood. Renting is harder in Liverpool; buying is about the same.

Across all property types and measured against pay, Liverpool is the 27th least expensive of 316 areas to buy in, and Newark and Sherwood is the 89th least expensive of 316 areas. For renting against pay, Liverpool is the 115th least expensive of 316 areas and Newark and Sherwood is the 61st least expensive of 316 areas.

Someone on £40,000 in Liverpool would need about £41,000 in Newark and Sherwood to be equally placed to buy a terraced house, and about £35,000 to be equally placed to rent one. Keeping the same pay after a move to Newark and Sherwood 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 124.1 crimes per 1,000 residents in Liverpool and 68.4 in Newark and Sherwood, so recorded crime per resident is 45% lower in Newark and Sherwood. The biggest difference is in violence against the person: 45.6 per 1,000 in Liverpool against 25.0 in Newark and Sherwood.

Can a typical earner buy?

Terraced house Liverpool Newark and Sherwood
Median full-time pay £37,144 £37,118
House price ÷ pay 4.4× 4.6×
Median pay as a share of income typically needed to buy 113% 110%
Rent a year as a share of median pay 30% 26%

Buying, by property type

Type Liverpool Newark and Sherwood Difference
Detached £380,000 £334,995 -12% in Newark and Sherwood
Semi-detached £240,000 £196,000 -18% in Newark and Sherwood
Terraced £165,000 £169,000 +2% in Newark and Sherwood

Renting, by property type

Type (average rent a month) Liverpool Newark and Sherwood Difference
Detached £1,225 £1,067 -13% in Newark and Sherwood
Semi-detached £1,008 £860 -15% in Newark and Sherwood
Terraced £917 £797 -13% in Newark and Sherwood

Crime

Police recorded 124.1 crimes per 1,000 residents in Liverpool and 68.4 in Newark and Sherwood, so recorded crime per resident is 45% lower in Newark and Sherwood.

Police recorded crime per 1,000 residents Liverpool Newark and Sherwood Difference
All recorded crime (excluding fraud) 124.1 68.4 -45% in Newark and Sherwood
Violence against the person 45.6 25.0 -45% in Newark and Sherwood
Sexual offences 4.1 3.1 -26% in Newark and Sherwood
Robbery 1.6 0.7 -55% in Newark and Sherwood
Residential burglary (per 1,000 households) 6.1 4.4 -28% in Newark and Sherwood
Vehicle offences 5.3 3.1 -41% in Newark and Sherwood
Theft from the person 1.2 0.3 -72% in Newark and Sherwood
Criminal damage and arson 10.3 8.7 -15% in Newark and Sherwood

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.

Liverpool: 183Newark and Sherwood: 167
House prices in Liverpool and Newark and Sherwood since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Liverpool now 183, Newark and Sherwood now 167.7510012515017520020052010201520202025House prices in Liverpool and Newark and Sherwood since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Liverpool now 183, Newark and Sherwood now 167.7510012515017520020102020
Show the figures
YearLiverpoolNewark and Sherwood
2005100100
2006110102
2007117109
2008113104
200910497
2010105100
201110199
20129998
20139999
2014103105
2015107110
2016110116
2017115121
2018121128
2019123129
2020128132
2021148143
2022161156
2023163160
2024166159
2025179161
12 months to July 2026183167

In 2005 the average home cost £99,018 in Liverpool and £141,548 in Newark and Sherwood. Now it is £181,637 and £235,810: Liverpool is up 83% and Newark and Sherwood is up 67%. Prices have risen faster in Liverpool, so the gap between the two has narrowed.

Buying a home against local pay, over time

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

Liverpool: 4.8 years of payNewark and Sherwood: 6.2 years of pay
Years of median pay needed to buy the average home in Liverpool and Newark and SherwoodLiverpool now 4.8, Newark and Sherwood now 6.2 years of pay.0×2×4×6×8×20052010201520202025Years of median pay needed to buy the average home in Liverpool and Newark and SherwoodLiverpool now 4.8, Newark and Sherwood now 6.2 years of pay.0×2×4×6×8×20052010201520202025
Show the figures
YearLiverpoolNewark and Sherwood
20054.9 years of pay6.7 years of pay
20104.3 years of pay6.2 years of pay
20154.1 years of pay–
20204.1 years of pay6.1 years of pay
20254.8 years of pay6.2 years of pay

In 2005 a home cost 4.9 years of pay in Liverpool and 6.7 years in Newark and Sherwood. In 2025 it was 4.8 years and 6.2 years.

How rents have changed in each area

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

Liverpool: 161Newark and Sherwood: 157
Rents in Liverpool and Newark and Sherwood since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Liverpool now 161, Newark and Sherwood now 157.100120140160180201620182020202220242026Rents in Liverpool and Newark and Sherwood since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Liverpool now 161, Newark and Sherwood now 157.100120140160180201520202025
Show the figures
YearLiverpoolNewark and Sherwood
2015100100
2016103102
2017104105
2018104107
2019105110
2020106111
2021111117
2022119124
2023127129
2024138138
2025151148
August 2026161157

In 2015 the average rent was £567 a month in Liverpool and £521 in Newark and Sherwood. Now it is £913 and £818: up 61% in Liverpool and up 57% in Newark and Sherwood.

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 Liverpool to Newark and Sherwood

Earning in Liverpool Equivalent to buy in Newark and Sherwood Equivalent to rent in Newark and Sherwood
£30,000 £30,500 £26,000
£40,000 £41,000 £35,000
£50,000 £51,000 £43,500
£60,000 £61,500 £52,000

Moving from Newark and Sherwood to Liverpool

Earning in Newark and Sherwood Equivalent to buy in Liverpool Equivalent to rent in Liverpool
£30,000 £29,500 £34,500
£40,000 £39,000 £46,000
£50,000 £49,000 £57,500
£60,000 £58,500 £69,000
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 Liverpool figures · All Newark and Sherwood figures