Sources and definitions of data
In order to collate all the data for the our Household Economics tool we use a variety of sources. The table below lists them all.
Where did the data come from...
| Current Position | Forecast Position | |
|---|---|---|
|
Monthly Disposable Income |
ONS |
Experian Forecast |
|
Employment Rate |
ONS |
Experian Forecast |
|
Average House Price |
Experian's National Property Database (including Rightmove and Land Registry data) |
Experian Forecast |
|
Average Mortgage Payment |
CAIS data on the Sum of Outstanding Mortgages Balances and the No. of open mortgages by LAD and FSS Group |
Experian Forecast |
|
Average Unsecured Credit Payment |
ONS |
Experian Forecast |
|
Cost of Living |
ONS |
Experian Forecast |
|
Net Monthly Income |
ONS |
Experian Forecast |
| Average Price | Source | |
|---|---|---|
|
Average price of a jam doughnut |
13p |
Tesco 17th Aug price comparison |
|
Average price of unleaded fuel per litre |
£1.17 |
The AA July Fuel Price report |
|
Average cinema ticket price |
£6.72 |
UK Cinema association May 2015 |
Coverage of postcodes: England, Wales and Scotland (Northern Ireland excluded). Postcodes with no residences have also been excluded.
What do the forecast indicators mean:
| Down | Stable | Up | |
|---|---|---|---|
|
Average House Price |
< 0 |
>= 0, < 2% |
>= 2% |
|
Average Mortgage Payment |
< 0 |
>= 0, < 2% |
>= 2% |
|
Average Unsecured Credit Payment |
< 0 |
>= 0, < 2% |
>= 2% |
|
Cost of Living |
<= 0% |
0< < 3% |
3% + |
|
Employment Rate |
< 0% |
0% |
> 0% |
|
Monthly Disposable Income |
<= 0% |
0< < 3% |
3% + |
|
Net Monthly Income |
<= 0% |
0< < 3% |
3% + |
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