Analysis shows that house prices have climbed by 13,972% during the Queen’s reign. In 1952, the average UK house cost £1,891, according to Nationwide, while the current average is £260,771. The average house price is still 4.3 times higher in real terms than it was in 1952. Adjusting for inflation, the average 1952 house was worth £61,000. In the year the Queen took to the throne, just 32% of households owned their own home, compared with 65% today. |
The Mail on Sunday (05/06/2022) |