1,093,201 completed sales in England and Wales were lodged with HM Land Registry for 1997. The median was £60,000 — £127,218 in 2026 money.
Section 01
Was 1997 a good year to buy?
A home bought at the 1997 median of £60,000 and sold at the latest median of £285,000 gained +375.0% in cash. Restate the 1997 price in 2026 money and it is worth £127,218, so the real gain is +124.0%. The first number is the one people quote; the second is the one that decided whether they were better off.
Section 02
What sold in 1997
| Measure | Value |
|---|---|
| Sales recorded | 1,093,201 |
| Median price paid | £60,000 |
| In 2026 money | £127,218 |
| Detached median | £95,000 |
| Semi-detached median | £57,995 |
| Terraced median | £47,500 |
| Flat median | £53,000 |
| New build share | 11.3% |
| Leasehold share | 20.8% |
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