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£57,851.25 in 2020
Interesting when you compare house price to wages
in 1959 house £3,000, average wage £700 per year - so house = 4.3 years of wages
same house now £325,000, average wage £25,000 per year - so house = 13 years of wages.
This is what I have never understood.
We paid 142,500 for our gaffe in June 1999. The last sale date I can find for it was in Nov 1995 for 110K.
I have absolutely no idea what it would go for today, but smaller houses sold for 450+ last year.
The increase in value seems out of proportion. As Munroist points out, the number of years of wages required to buy that house today has tripled.