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

Comments

• Flamekebab@piefed.social ⁨3⁩ ⁨weeks⁩ 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 ⁨3⁩ ⁨weeks⁩ 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 ⁨3⁩ ⁨weeks⁩ ago

      While pay has also functionally gone down.

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    • Flamekebab@piefed.social ⁨3⁩ ⁨weeks⁩ 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 ⁨3⁩ ⁨weeks⁩ ago

  Only £300,000?

  Shit, I should move to the UK.

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  • MissKiwi@feddit.uk ⁨3⁩ ⁨weeks⁩ ago

    are houses normally around £500,000 in california?

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  • WALLACE@feddit.uk ⁨3⁩ ⁨weeks⁩ 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 ⁨3⁩ ⁨weeks⁩ 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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  • Holytimes@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago

    Yeah but then you have to deal with the stupidity of the UK government. Which is currently trying to out perform Florida for dumbest politician of the year.

    The race is close!

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  • fakeman_pretendname@feddit.uk ⁨3⁩ ⁨weeks⁩ 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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    • Korhaka@sopuli.xyz ⁨3⁩ ⁨weeks⁩ ago

      Yep, bought for £230k in a town in the south coast.

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