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Yeah. I had an ex who's dad bought a place in primrose Hill outright in the early 80s for "only" whatever it was (I think £100k, but don't hold me to that).
Totally oblivious to how much he must have been making to have that sort of cash back then as the sole income earner.
Admittedly he did also luck out on it becoming fashionable and the resulting uplift.
hugo7
NickCJ
I think the thing that gets forgotten in these stories is that this represents (on a quick Google) around 6x the national average house price at that time. The people that have made multi-million pound gains were, by and large, already very wealthy by national standards.