The price you will be able to afford depends on how much you may be able to borrow, and how much upfront cash you have available for a deposit and to pay stamp duty (if any).
Use our calculator to get an idea of what price property you should be looking at
DISCLAIMER
The outputs of this affordability calculator serve as a GUIDELINE only. It is based on the information you have provided and on the assumption that a lender will lend you around 4.5 times your annual household income. Stamp duty is calculated based on your stated purchase type, and it assumes the buyer(s) are UK residents. The calculator assumes that the loan amount and upfront cash will be exclusively used to cover the purchase price of the property and the stamp duty. It does not take any other costs associated with a property purchase into account. The calculator limits the property price to ensure that the loan to property value never exceeds 95%. The actual amount that a lender would be willing to lend will depend on your circumstances, the property you intend to mortgage, and their lending criteria. A mortgage in principle, which you can obtain through your mortgage adviser or directly from a lender, will give you a more accurate estimate.