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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

To think there is something off about this?

77 replies

turnitinnow · 14/01/2026 16:39

A house was bought for £300,000 in 2006 is now on sale for £4,500,000.

I'm shocked, and my maths could be off there, but is that a 1400% (15x) increase in 20 years?

OP posts:
TheRealLillyAllenVerifiedAccount · 14/01/2026 16:40

Sadly not unusual.
I could have literally bought my house for a tenth of what it cost me if Id bought 10 years earlier.

333FionaG · 14/01/2026 16:42

Where is this house that is now worth 4.5 million? Do you have a right move link?

Mugtree · 14/01/2026 16:42

It must be a very specific market, for any house to be worth £4.5m ?

BrieAndChilli · 14/01/2026 16:43

you should know it is the law to give a rightmove link!!!

Until we see the house it is impossible to say if it could be a typo or if there is another reason why it has increased so much.

SmileyMoonset · 14/01/2026 16:45

Something very specific must have happened to the location for the price to change thst much.

Either something dreadful was removed or something wonderful was put in!

Original poster
turnitinnow · 14/01/2026 16:46

To be honest this is my brothers house selling now. My dad gave him the downpayment 20 years ago when he turned 30. I got the same amount 5 years ago when I turned 30 and bought in a much cheaper area.

I don't particular like him or his wife and they wont shut about how much they're making. Not my business and I'm obviously jealous but its made me think isn't it a bit mad that they can make that much money by doing nothing and being lucky? Its made me think it shouldn't be allowed !

OP posts:
peacefulpeach · 14/01/2026 16:48

turnitinnow · 14/01/2026 16:39

A house was bought for £300,000 in 2006 is now on sale for £4,500,000.

I'm shocked, and my maths could be off there, but is that a 1400% (15x) increase in 20 years?

Did they buy it when it was a wreck? Has it been significantly modified? Has it been Sold?

It’s only worth what someone will pay..

Can we have a link?

Original poster
turnitinnow · 14/01/2026 16:48

Nothing happened at all from what I understand. It's a small city and it's a large house. I imagine 20 years ago his area wasn't considered central and now is.

Sorry I'd be hanged drawn and quartered if I posted a link and this got back to them or my dad

OP posts:
Original poster
turnitinnow · 14/01/2026 16:49

All the requests for links makes me think this is a unique situation. I imagined it was happening in all cities really

OP posts:
Original poster
turnitinnow · 14/01/2026 16:50

peacefulpeach · 14/01/2026 16:48

Did they buy it when it was a wreck? Has it been significantly modified? Has it been Sold?

It’s only worth what someone will pay..

Can we have a link?

Edited
Show quote history

Wasn't a wreck at all and they've kept it looking classic not really modernised it. The garden is nice and they added a single room back playroom extension maybe 15 years ago.

OP posts:
WhiskyandWater · 14/01/2026 16:51

It’s really unusual, they’ve been lucky with what and where they’ve bought.

Original poster
turnitinnow · 14/01/2026 16:51

TheRealLillyAllenVerifiedAccount · 14/01/2026 16:40

Sadly not unusual.
I could have literally bought my house for a tenth of what it cost me if Id bought 10 years earlier.

Can I ask what area?

OP posts:
MunterJobHunter · 14/01/2026 16:52

It’s very possible. SMIL’s house was
sold for just under 500k and a year later after a decorative refurb was on the market for 1.5m - it was an estate agent who had bought it and was selling it and I felt that the family had been duped by them at the time of selling but they wanted a quick sale for care costs.
in the space of 20years it’s absolutely possible.

peacefulpeach · 14/01/2026 16:54

A small city.. Cambridge? Oxford? Bristol? Edinburgh?

Still they’ve been v lucky!

SmileyMoonset · 14/01/2026 16:55

“it shouldn’t be allowed”? By who?

In 20 years time your house will also have increased in value.

Heylittlesongbird · 14/01/2026 16:56

I bought in 2001, I’ve done quite a bit to it, and I’d guess now it would be worth about 3 times what I paid for it. Which I was pretty happy with until I read this thread 😂

RecordBreakers · 14/01/2026 17:00

Does seem unlikely.

We bought just over 20 years ago, have done a bit to the house over time (eg added a 2nd bathroom and a utility room). Our house is now worth just over 4x what we paid.

I know different areas are different, and, as pps have said there might be something that is really niche where their house is, but that is more of an increase that seems realistic to me.

AffableBill · 14/01/2026 17:01

What city?

Original poster
turnitinnow · 14/01/2026 17:01

SmileyMoonset · 14/01/2026 16:55

“it shouldn’t be allowed”? By who?

In 20 years time your house will also have increased in value.

Well I was thinking it should be controlled by the government. That houses can only be increased by a certain % per year in all of the UK. Would that not be more fair? I'm sure there are huge holes in my thinking so I am fairy sure I am being jealous and daft here😅

OP posts:
GennaroHolly · 14/01/2026 17:07

My parents sold a house late 90s for £330,000. It's now worth about £1.5 -2m.

Some work has been done but nothing revolutionary. It's not in a city but a nice small town, close to other places and amenities. On a rural, private road.

Not as big a leap as your brother though - that seems huge!

Original poster
turnitinnow · 14/01/2026 17:10

GennaroHolly · 14/01/2026 17:07

My parents sold a house late 90s for £330,000. It's now worth about £1.5 -2m.

Some work has been done but nothing revolutionary. It's not in a city but a nice small town, close to other places and amenities. On a rural, private road.

Not as big a leap as your brother though - that seems huge!

My brothers house has been on sale for nearly a year come to think of it. Maybe they been ambitious in pricing it. Houses on his street were selling close to his asking a couple of years ago. A few streets over more than the 4.5m. This is 2-3 years ago.

OP posts:
TheClawDecides · 14/01/2026 17:11

turnitinnow · 14/01/2026 16:46

To be honest this is my brothers house selling now. My dad gave him the downpayment 20 years ago when he turned 30. I got the same amount 5 years ago when I turned 30 and bought in a much cheaper area.

I don't particular like him or his wife and they wont shut about how much they're making. Not my business and I'm obviously jealous but its made me think isn't it a bit mad that they can make that much money by doing nothing and being lucky? Its made me think it shouldn't be allowed !

Not my business and I'm obviously jealous but its made me think isn't it a bit mad that they can make that much money by doing nothing and being lucky? Its made me think it shouldn't be allowed !

Haha! 🤣

You only think that because it didn't happen with your house.

It is crazy though, but great for them obviously.

GoldMerchant · 14/01/2026 17:12

I think that type of increase would be pretty exceptional. But the Rightmove/Zoopla ad will say what the last sold price was, so you'll be able to see if he's egging the pudding.

Do I think it's fair - as in just - that some people get massively rich on property by buying in the right place at the right time? No. But that's markets for you. They aren't fair.

Also do you mean that your DF gave you the same figure for a deposit as your DB, 15 years later, without adjusting for inflation? (As in, you both got e.g. £10k) Because that does seem to me a bit unfair.