646,811 completed sales in England and Wales were lodged with HM Land Registry for 2008. The median was £170,000 — £285,357 in 2026 money.
Section 01
Was 2008 a good year to buy?
A home bought at the 2008 median of £170,000 and sold at the latest median of £285,000 gained +67.6% in cash. Restate the 2008 price in 2026 money and it is worth £285,357, so the real gain is -0.1%. 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 2008
| Measure | Value |
|---|---|
| Sales recorded | 646,811 |
| Median price paid | £170,000 |
| In 2026 money | £285,357 |
| Detached median | £264,500 |
| Semi-detached median | £165,000 |
| Terraced median | £140,000 |
| Flat median | £156,950 |
| New build share | 11.7% |
| Leasehold share | 27.6% |
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