1,048,949 completed sales in England and Wales were lodged with HM Land Registry for 1998. The median was £65,000 — £134,779 in 2026 money.
Section 01
Was 1998 a good year to buy?
A home bought at the 1998 median of £65,000 and sold at the latest median of £285,000 gained +338.5% in cash. Restate the 1998 price in 2026 money and it is worth £134,779, so the real gain is +111.5%. 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 1998
| Measure | Value |
|---|---|
| Sales recorded | 1,048,949 |
| Median price paid | £65,000 |
| In 2026 money | £134,779 |
| Detached median | £103,700 |
| Semi-detached median | £59,995 |
| Terraced median | £50,000 |
| Flat median | £59,000 |
| New build share | 10.7% |
| Leasehold share | 21.4% |
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