Too long ago to really be of interest to you whipper-snappers I guess, I put £100 deposit down on a hole in the ground, 75-80 metres from the Thames, almost 1 km from Tower Bridge, in 1984, and moved into a 3 storey town house in January 1985.
I took out a 30 year mortgage, but by increasing the monthly lay out when the rate went up, but leaving the lay out as it was when it went down, it shortened the term of the loan, which was finished in about 22 years.
A house identical to mine went on the market in late spring this year for £1.2 mill, and sold for £1.1 mill, another, which had a lot of improvements, went up for £1.5 mill, and sold for £1.25 mill.