Long-term trend Real House Price
£175,000 £150,000 £125,000 £100,000 £75,000 £50,000
£227,765
£25,000
£150,000
£100,000
£75,000
Average House Price
£125,00
£25,000
£0
2010
Recession
2005
2000
1995
Boom
Recession
1990
Boom
1985
Recession
1980
1975
1970
1965
1960
1955
1950
1946
Boom
£5,632
Recession
£50,000
£47 £50 £45 £40
£30 £25 £20 £15
The Great Inflation Had the price of chicken inflated at the same rate as the average house since 1971, by 2007 a supermarket chicken would have cost something around £47. Source: Shelter
13
2010
Recession
2005
2000
1995
Boom
Recession
1990
Boom
1985
Recession
1980
1975
1970
1965
1960
Boom
1955
1950
1946
Recession
£10
£1.16
£5 £0
Hypotehtical price of chicken
£35
Q4
Q4
09
Q4
07
£175,000
Source: Nationwide
20
20
Q4
05 20
Q4 20
03
Q4
01
Q4
99 19
20
Q4
97 19
Q4
93
95 19
Q4
Q4 91
19
19
Q4
89 19
Q4
87
85 19
19
Q4
Q4 83
19
Q4 19
81
Q4 77
79 19
19
19
75
Q4
£200,000