SALES NEWS: The Queen at 90: how house price growth outstrips gold and shares
The Queen’s 90th birthday has prompted estate agents to calculate how house prices have changed during Her Majesty’s lifetime – and to show how much property has increased in value compared to some other investments.
Using data from the Office for National Statistics, agents have discovered that the average UK house price was £619 in 1926 when The Queen was born; today it is £291,505.
This is a remarkable increase of 47,021 per cent over 90 years.
This far outstrips gold, which has risen 20,425 per cent in the same period, and shares, which have risen 11,685 per cent.