According to the historic inflation calculator at This is Money, inflation since 1971-2010 has amounted to a terrifying-sounding 1038%. Applied to the Â£15,000 asked for this six-flat house on Hermon Hill, with five garages, makes a total asking price in today’s prices of Â£170,700. By comparison, a one-bedroom flat sold on Hermon Hill in November for Â£230,000.
Three-bed semi with garage for Â£8,250 – that’s Â£93,885 in today’s prices.
Another of the grand big houses which may well have become a bad flat conversion – same price as the first one mentioned above.
This house might well be identifiable – let us know at wansteadium[at]gmail.com if you know it – and was for sale at an asking price of Â£23,950 – Â£272,551 in 2010 prices. A four-bedroom house on Grove Park sold in 2004 for Â£880,000, and a current estimated valuation is Â£1.1m
A semi-detached three-bedroom house in Wellington Road sold in October this year for Â£550,000. The 1971 price, above, is Â£8,250, or Â£93,885. Reassuring somehow to see a familiar name of estate agent.
A three-bed semi in the Nightingale Estate sold in September for Â£410,000. The Â£10,750 price in 1971 would be Â£122,335.
• So that’s the end of our 1971 roundup. It’s been fun – if you come across an old Wanstead newspaper under your carpet or in the loft, do drop Wansteadium a line for a repeat performance.