...with northern regions and Wales more 'affordable', the midlands in the middle and the south, east and London at the bottom. While 'affordability' has ticked up recently, this is at a faster pace and from a higher base in more affordable regions than London and the south.

Figure 6 demonstrates this well - it shows the proportion of homes sold for less than 5 times local earnings (therefore 'affordable'), in each region over time. London is the least 'affordable' region by this metric, while North East is the most. The clusters of regions are as you might expect...