EVER wondered how much you would need to earn per hour to buy a house in the most expensive part of Bury — or the cheapest?
Now a handy online tool, created by Web-Blinds.com, reveals how much you need in your pay packet to make your house-buying dreams a reality.
It shows how much you would need to earn per hour to buy a property there.
It is based on a single person working a 37.5 hour week and mortgage repayments being 35% of the income.
The most affordable part of Bury is the postcode BL9, including the areas Unsworth, Walmersley, Summerseat and Birtle.
BL9, including Unsworth, Walmersley, Summerseat and Birtle PIC: Google Maps
On average, you would have to earn £10.38 an hour, which equates to £389.25 a week or £20,241.00 a year.
In BL8, home to Tottington, Hawkshaw, Holcombe, Brandlesholme and Greenmount, the average hourly rate to buy a house is said to be £12.95 an hour.
BL8 - Tottington, Hawkshaw, Holcombe, Brandlesholme
That is around £485.63 a week or £25,252.50 a year.
The most desirable postcode in Bury, in terms of hourly earnings needed to buy a house there, is BL0.
BL0 postcode area
To buy a house in Ramsbottom, Edenfield or Stubbins you would have to earn £13.35 an hour.
That's £500.63 a week or £26,032.50 a year.
Down the road in Prestwich and Simister — where the postcode is M25 — the figure is even higher, at £14.39 an hour.
M25 - Prestwich and Simister
That figure adds up to around £539.63 a week or £28,060.50 a year.
In M45 — the Whitefield area — you would have to earn £13.60 an hour to buy a house in this postcode.
M45 postcode area - Whitefield
That is around £510 a week or £26,520 in your annual pay packet.
In the M26 postcode, where Radcliffe is situated, you would have to earn £9.13 an hour to buy a house.
M26 postcode - Radcliffe
That is the equivalent of £17,803.50 a year or £342.38 a week.
Explore the interactive map here
How much you need to earn per hour to live in Bolton's cheapest and most expensive postcodes
The online tool also reveals the 10 most affordable locations out of 600 across the country — Ferndale, in the Rhondda Valley, is number one at £4.07 per hour.
The least affordable is Virginia Water in Surrey where you would need to earn a cool £84.84 per hour.
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