Homes rise in value by £1.8 trillion

The value of privately-owned homes in the UK has risen by £1.8 trillion in the past ten years, with all privately owned homes worth a total of £3.9 trillion, up from £2.1 trillion a decade ago.

The 84% rise is about £68,500 per household and is more than twice the rate of inlfation, with the retail price index up by just 38% in the same period.