Global Property Guide

Financial Information for the Residential Property Buyer


Currency +/- Value - United Kingdom Compared to Europe

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Click name of country for detailed information
Iceland $ 1.40
Switzerland $ 1.32
Denmark $ 1.14
Finland $ 1.04
Norway $ 1.04
Sweden $ 1.04
Luxembourg $ 0.99
Ireland $ 0.95
Austria $ 0.94
Belgium $ 0.93
France $ 0.91
Netherlands $ 0.90
UK $ 0.89
Germany $ 0.88
Italy $ 0.83
Spain $ 0.74
Slovenia $ 0.68
Cyprus $ 0.68
Portugal $ 0.68
Greece $ 0.68
Malta $ 0.65
Estonia $ 0.62
Czech Rep. $ 0.56
Latvia $ 0.56
Slovak Rep. $ 0.53
Croatia $ 0.53
Lithuania $ 0.52
Hungary $ 0.47
Poland $ 0.46
Romania $ 0.43
Montenegro $ 0.41
Bosnia & H. $ 0.40
Moldova $ 0.40
Turkey $ 0.39
Serbia $ 0.37
Russia $ 0.37
Bulgaria $ 0.37
Macedonia $ 0.36
Albania $ 0.36
Belarus $ 0.30
Ukraine $ 0.28

United Kingdom: Currency +/- valuation index

This is a cost of living indicator. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index).

To arrive at the figure, the Global Property Guide takes the difference between the IMF's nominal GDP figures, and their purchasing power parity GDP figures for the latest year available.

Note that currency undervaluation (as measured by PPP) is not a good predictor of future currency movements.

These cost of living indicators refer to data collected annually (for date of collection, see Data FAQ )

Source: calculated using figures from the IMF World Economic Outlook Database


The United Kingdom (UK) has monthly and quarterly house price time-series. The Land Registry has a monthly house price index. Nationwide, and the Halifax, and many other commercial organizations publish quality UK house price time-series. Construction activity is published by Office for National Statistics (ONS) and property transactions data by the Council of Mortgage Lenders (CML).

The rents situation is much less good, the only figures being from the Association of Registered Letting Agents (ARLA).