My solicitor sent me a load of papers for my house today. I was intrigued that I could now see what the house has sold for over the years. The only way is up right ?!
House built in 1905- cost £400 when new
Sold in 1911 - £550
Sold 1923 - £700
Sold 1935 - £750
Sold 1983 - £32,200
Sold 2022 - £ :-(
Inflation alone:
1911 - £550 is now £51,173.17 1923 - £700 is now £33,435.46 1935 - £750 is now £42,132.29 1983 - £32,200 is now £100,020.67
If it's £1m now then that would "only" mean a 20x increase since 1911.
@princeperch started
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My solicitor sent me a load of papers for my house today. I was intrigued that I could now see what the house has sold for over the years. The only way is up right ?!
House built in 1905- cost £400 when new
Sold in 1911 - £550
Sold 1923 - £700
Sold 1935 - £750
Sold 1983 - £32,200
Sold 2022 - £ :-(