How much did your first house cost?

[davester65]

4 bed Edwardian semi in a Yorkshire seaside town........paid £22000 in in 1988, sold it 18 months later for £24000, 6 months after i sold it the property market went boom and it doubled in value almost overnight! Pah!!

 

[Drago]

My first house was £42,000. Sold it for over double that just 4 years later.

 

[raleighnut]

Narborough Leicestershire (not Narborough Norfolk)?
Our first place was in Narborough (Leics), bought at the end of 1987 for £32800. It was a terrace with 2 main bedrooms + a micro-bedroom carved out of the old bathroom. Prices were rocketing at that time and the neighbours thought we'd paid too much.

Leicestershire, a terraced house on Huncote Rd.

 

[robjh]

Leicestershire, a terraced house on Huncote Rd.

Coventry Road for us - almost neighbours

 

[RichardB]

Best house price OMG story I know of is a couple (primary teachers) with 2 children who sold an end terrace house in Bayswater and bought a house in our village (North Lincs, very cheap at the time) - a four-bed farmhouse with outbuildings and smallholding. AND had enough left over for a new car each. AND had enough left over from that to stick in the bank, take the interest, and take part-time jobs in a local school. He did the mornings, she did the afternoons.
Obviously made possible by a huge discrepancy in house prices and a decent basic interest rate, but it seemed to me a very smart move indeed.

 

[postman]

4 bed Edwardian semi in a Yorkshire seaside town........paid £22000 in in 1988, sold it 18 months later for £24000, 6 months after i sold it the property market went boom and it doubled in value almost overnight! Pah!!

1986 to 1988 was the time house prices went through the roof.I got divorced in Nov 87.The house went for £39,950.Fourteen months later,the old lady who bought it,died.Her family flogged it for £88,000.We were still fighting each other.By the time the shoot and nastiness finished.£39,950,became,£32,500 legal fees cost over £6,500.We were both farked,and finished up in council accom,both of us paying more in council rent than we were paying for our mortgage.What a couple of tw=ts we both were.

 

[Drago]

That's why I let my ex Wife have the lot. The stress, grief and heartache aren't worth it over mere money.

 

[mrandmrspoves]

2 bedroom Coronation street style end Terrace in King's Lynn in 1985 for £17500 sold a year later for £28000. At the time, I was earning about £7000 a year - money goes to money

 

[Glenn]

I bought a detached 3 bed chalet style house in 1986 in Forres for £36000, sold it 9 years later for £54000, last year it sold for c.£150000

 

[Brains]

My fiends parents bought their brand new 3 bedroom mid terrace micro-Span house in Blackheath for £3,000 in 1960 (they are worth close to one million today).
And the following week were offered the thatched Reed Cutters cottage on Hickling Broad in Norfolk, for £25 !
Unfortunately, having just had their mortgage accepted for the Blackheath house they could not afford the £25 (which was more than their combined weekly wage), so had to decline.

 

[Cuchilo]

2 bed terrace. 71K in 1989.

You must live in the posh bit of Hanworth

 

[Mark Grant]

You must live in the posh bit of Hanworth

Ha!
The value dropped by over 10% in the following few years. We were in negative equity for a while.

 

[Buck]

My first house - c.1991 and paid £42,000. sold it in 1996 for £47,000, part exchanging for a new house.

 

[pplpilot]

23.5k in '85, still have it, had the same tenants in since '92

 

[screenman]

£29,250 in 1980 in Hanworth.