What is a £200,000 house likely to be worth in 30 years time?

kinh

I guess this questions is like how long is a piece of string, but say if one were to have a house valued at £200,000, and no house crashes were to happen, what would it likely be worth in 30 years time?

ILW

£200,104.39p

Wh05apk

Obviously depends where you are but prices historically have doubled every 10-15 years, so if you "assume" they will double twice, it could be worth £800,000?

Maybe you should start a poll, the person guessing closest gets the house in 30 years?

saverbuyer

Wh05apk wrote: »

Obviously depends where you are but prices historically have doubled every 10-15 years, so if you "assume" they will double twice, it could be worth £800,000?

Maybe you should start a poll, the person guessing closest gets the house in 30 years?

And a loaf of bread will cost a tenner.

Wh05apk

saverbuyer wrote: »

And a loaf of bread will cost a tenner.

More than likely.

Jimbo1976

Read a book called Safe as Houses by Neil Monnery

http://www.amazon.co.uk/Houses-Historical-Analysis-Property-Prices/dp/1907994017/ref=sr_1_1?ie=UTF8&qid=1366800268&sr=8-1&keywords=neil+monnery

Its a 200 year review of house prices in a number of countries and is fascinating. However it won't tell you what a house will be worth in 30 years time. You would need to ask Mystic Meg, however if she was any good she would be running a Cayman Islands based Hedge Fund rather than writing horoscopes for the Sun.

beckysbobbles1

How long is a piece of string....

You could not possibly predict that.

Goldiegirl

£520,321

I randomly plucked the figure out of the air, as my crystal ball isn't working

It's as good as any other figure

Mrs_ted

Have no idea.......................

kidmugsy

£200000 would buy 151515 of his best loaves from our local baker. So my guess is that the house will be worth round about 151515 loaves then.