Average UK house price rises to record £299,331, says Halifax

Comments

• Flamekebab@piefed.social ⁨15⁩ ⁨hours⁩ ago

  How much were houses in the 1980s, adjusted for inflation? I want to be sad, you see.

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  • WALLACE@feddit.uk ⁨8⁩ ⁨hours⁩ ago

    The average in 1980 was £19,273. In today’s money that is £105K. So prices have effectively tripled in one generation.

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    • CheeseNoodle@lemmy.world ⁨35⁩ ⁨minutes⁩ ago

      While pay has also functionally gone down.

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    • Flamekebab@piefed.social ⁨7⁩ ⁨hours⁩ ago

      That's so depressing. I could afford that. The amounts for places worth having near me are high enough that it's just not on the cards.

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• Stovetop@lemmy.world ⁨21⁩ ⁨hours⁩ ago

  Only £300,000?

  Shit, I should move to the UK.

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  • MissKiwi@feddit.uk ⁨10⁩ ⁨hours⁩ ago

    are houses normally around £500,000 in california?

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  • WALLACE@feddit.uk ⁨9⁩ ⁨hours⁩ ago

    The average house in the US costs just under $400K, which is £295K. So they are basically the same price.

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    • Stovetop@lemmy.world ⁨5⁩ ⁨hours⁩ ago

      I only wish that was the case in my area. The average price for a house in my state is $660,000.

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  • fakeman_pretendname@feddit.uk ⁨10⁩ ⁨hours⁩ ago

    If you live in a “less desirable area” you can still get a house for less than £100,000 in some places in the UK. You might find yourself with limited job opportunities or a long commute, or poor local facilities though.

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