The average UK house value has increased significantly over the past 50 years. According to data from the Nationwide House Price Index, the average UK house price in 1973 was £10,388. Over the next five decades, house prices increased significantly due to various economic, social, and demographic factors.

As of February 2021, the average UK house price was £231,068, which represents an increase of more than 2,100% compared to 1973. However, it is worth noting that there have been significant fluctuations and variations in house price growth over this time period, with periods of rapid growth followed by periods of stagnation or decline.

It is important to keep in mind that this is an average, and the actual value of a specific house will depend on a range of factors including location, size, condition, and other features.

Here is a list of the average UK house prices over the past 50 years based on data from the Nationwide House Price Index:

  • 1973: £10,388
  • 1978: £13,820
  • 1983: £31,558
  • 1988: £56,360
  • 1993: £53,325
  • 1998: £60,965
  • 2003: £122,870
  • 2008: £184,131
  • 2013: £173,678
  • 2018: £211,156
  • 2021: £231,068 (as of February)