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My 80 year old parents paid 17.5k 49 years ago for their Victorian Crouch End terrace. A website says 1.6m-2m today. An inflation calculator says 170k.
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Right to buy effect I London cannot be understated, although it might have felt expensive in the 1990s, subsequent events will have eliminated those mortgages.
jellybaby
Silver-fox
@hugo7
Yeah but I guess an awful lot of 50-70yo paid somewhere between £50-400k for their places.
Classic right to buy anecdote, but my old bosses neighbour worked checkout in M&S. She owned the equivalent of his rented 2 bed in Kings Cross. Idk the value but I think 10yrs ago he was paying a bit over grand a month rent for a rough price gauge.