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House prices in real terms

And here’s all the figures in one handy chart. Thanks to Savills for creating the graphics to accompany this.

How much UK house prices have really risen

Everyone knows UK houses cost more now than in the past, but it isn’t always easy to work out what that really means when earnings and inflation are taken into account. So here’s what an average home would have cost you over the last 60 years in pounds, hours worked to make that money and compared to something else that’s concrete – the amount of gold needed to buy one.