whats the cheapest price you have bought a house for

Dickyb0b · 3 Apr 2011 at 22:07

My granded bought his house for 2000 about 50 years ago , what is the cheapest price you have paid for a house or know someone that has?

Andr3w · 3 Apr 2011 at 22:07

£0

....I haven't bought one yet

Dickyb0b · 3 Apr 2011 at 22:09

This dosent include houses from the council to bring up children..., i mean ones that you fully own paid for.

semi-pro waster · 3 Apr 2011 at 22:22

So your question is really who knows someone who bought a house a century ago or more?

J-FRO · 3 Apr 2011 at 22:25

£5, cute little thing, detached, 1 bedroom, one front door, no windows. Resembles a little log cabin and it's in a tree so I struggle to get in it at the best of times for more reason than just its location.

stulid · 3 Apr 2011 at 22:28

£62,000 cash.

SexyGreyFox · 3 Apr 2011 at 22:56

Dickyb0b said:
My granded bought his house for 2000 about 50 years ago

He was ripped off or it was a mansion.

My Mum & Dad bought their first house in 1960 and it cost £200.
My first house cost £6000 in 1980 and the house I'm in now cost £14,500 in 1984.

Old_Man · 3 Apr 2011 at 23:09

There was a guy selling his house for 1 euro here last here (though, I think there were a few T and C's attached). What about that guy.. ohh... a few years ago that went from selling a paper clip on ebay to buying a house. (it was a house, wasn't it?)

SlugForAButt · 3 Apr 2011 at 23:15

dmpoole said:
He was ripped off or it was a mansion.

My Mum & Dad bought their first house in 1960 and it cost £200.
My first house cost £6000 in 1980 and the house I'm in now cost £14,500 in 1984.

Agreed, £2000 was a hell of a big house price 50 years ago and I think DickybOb is full of the brown smelly stuff... again.

Reaper 392 · 3 Apr 2011 at 23:20

bought a house for £50 on old kent road once

Rotty · 3 Apr 2011 at 23:29

I bought a new build for £39k in 1990

my grandad told me he paid £850 for his house in 1934

Dr House · 4 Apr 2011 at 00:01

I bought my first place back in 2007 in Prague for 200k and sold it 2 years later for 390k

I think my Parents bought their first home for 16k in the 80's

Cybermyk · 4 Apr 2011 at 00:07

£18,950 for a three bed detatched with a garage in Runcorn in 1985, I think.

Danthus · 4 Apr 2011 at 00:15

Rotty said:
I bought a new build for £39k in 1990

my grandad told me he paid £850 for his house in 1934

I wonder which will fall down frst, after all, they don't build 'em like they used to lad.

Rotty · 4 Apr 2011 at 00:21

OldCoals said:
I wonder which will fall down frst, after all, they don't build 'em like they used to lad.

too close to the truth tbh

Vonhelmet · 4 Apr 2011 at 00:26

Reaper 392 said:
bought a house for £50 on old kent road once

KAPOW!

Azza · 4 Apr 2011 at 00:29

Wouldn't £2000 around 50 years a go be around £100,000 nowa days?

WillyNelson · 4 Apr 2011 at 07:41

£180k in August 2007! And I just made a £20k loss on it

SexyGreyFox · 4 Apr 2011 at 07:48

Azza said:
Wouldn't £2000 around 50 years a go be around £100,000 nowa days?

The only problem was that houses weren't expensive back then.
For instance my Dad paid £200 for the house but the same year paid £150 for a Fender Stratocaster guitar.
He also laughs that he paid £400 for an average runaround car which was twice as much as the house.
When I bought my first house in 1980 for £6000 there were plenty of normal cars at the same price and then suddenly (I think) in the late 80's/early 90s house prices started to go up.
In 1980 I had a Ford something or other for £2500 and that was 3 years old.
So yes, houses cost less than cars at one time.

Lakeland · 4 Apr 2011 at 08:06

We all like to say our house has risen in value to £X but really we should like to say our house value has stayed the same or dropped like everyone else's. The only thing high value properties has brought (the majority of) us is wealth to the bankers and less opportunity to save up.