921,288 completed sales in England and Wales were lodged with HM Land Registry for 2016. The median was £219,950 — £307,059 in 2026 money.
Section 01
Was 2016 a good year to buy?
A home bought at the 2016 median of £219,950 and sold at the latest median of £285,000 gained +29.6% in cash. Restate the 2016 price in 2026 money and it is worth £307,059, so the real gain is -7.2%. 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 2016
| Measure | Value |
|---|---|
| Sales recorded | 921,288 |
| Median price paid | £219,950 |
| In 2026 money | £307,059 |
| Detached median | £308,000 |
| Semi-detached median | £190,000 |
| Terraced median | £173,000 |
| Flat median | £205,000 |
| New build share | 11.7% |
| Leasehold share | 25.8% |
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