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£30k put into a house in 1997 what's it now worth
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The question is an £80k house bought with a £30k deposit and a £50k mortgage, so I was presuming no complications about splitting it with somebody else.hazyjo said:I bought a house in 1998 for just over 90k. Now worth around 550k.
But I've just realised your question was about just the value of 30k, and not sure if you are trying to include house increase in that too.
30k today is apparently worth around 56,800. It depends if, when that money was put into a house, it was the deal that that person would get their deposit back in the event of a split, sale, or whatever, or if it was to be included in any percentage of a price increase.0 -
Does sound like one person, but the cynic in me suspected an ulterior motive for the question 🤣davidmcn said:
The question is an £80k house bought with a £30k deposit and a £50k mortgage, so I was presuming no complications about splitting it with somebody else.hazyjo said:I bought a house in 1998 for just over 90k. Now worth around 550k.
But I've just realised your question was about just the value of 30k, and not sure if you are trying to include house increase in that too.
30k today is apparently worth around 56,800. It depends if, when that money was put into a house, it was the deal that that person would get their deposit back in the event of a split, sale, or whatever, or if it was to be included in any percentage of a price increase.2024 wins: *must start comping again!*0 -
Nope no split!hazyjo said:
Does sound like one person, but the cynic in me suspected an ulterior motive for the question 🤣davidmcn said:
The question is an £80k house bought with a £30k deposit and a £50k mortgage, so I was presuming no complications about splitting it with somebody else.hazyjo said:I bought a house in 1998 for just over 90k. Now worth around 550k.
But I've just realised your question was about just the value of 30k, and not sure if you are trying to include house increase in that too.
30k today is apparently worth around 56,800. It depends if, when that money was put into a house, it was the deal that that person would get their deposit back in the event of a split, sale, or whatever, or if it was to be included in any percentage of a price increase.1 -
30k is worth 30k0
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No it's not0
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Are you disagreeing with yourself?Getting_greyer said:No it's not3
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