Between 1990 and 2020, the median value of a mortgage advances increased by 175,000 British pounds. This has been a direct result of the overall increase in house prices in the UK. During the same time period, the average price of a dwelling in the UK has increased by more than 240,000 British pounds.
Median value of mortgage advance in the United Kingdom (UK) from 1990 to 2020
(in GBP)
The source added the following information "Based on mortgages completed and adjusted for the mix of dwellings sold. The data published in these tables are based on a sub-sample of RMS data. These results will therefore differ from results produced using full sample data. For further information please contact the ONS using the contact details below."
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Office for National Statistics (UK). (July 14, 2021). Median value of mortgage advance in the United Kingdom (UK) from 1990 to 2020 (in GBP) [Graph]. In Statista. Retrieved May 18, 2022, from https://www.statista.com/statistics/1029163/median-value-of-mortgage-advances-in-the-uk/
Office for National Statistics (UK). "Median value of mortgage advance in the United Kingdom (UK) from 1990 to 2020 (in GBP)." Chart. July 14, 2021. Statista. Accessed May 18, 2022. https://www.statista.com/statistics/1029163/median-value-of-mortgage-advances-in-the-uk/
Office for National Statistics (UK). (2021). Median value of mortgage advance in the United Kingdom (UK) from 1990 to 2020 (in GBP). Statista. Statista Inc.. Accessed: May 18, 2022. https://www.statista.com/statistics/1029163/median-value-of-mortgage-advances-in-the-uk/
Office for National Statistics (UK). "Median Value of Mortgage Advance in The United Kingdom (Uk) from 1990 to 2020 (in Gbp)." Statista, Statista Inc., 14 Jul 2021, https://www.statista.com/statistics/1029163/median-value-of-mortgage-advances-in-the-uk/
Office for National Statistics (UK), Median value of mortgage advance in the United Kingdom (UK) from 1990 to 2020 (in GBP) Statista, https://www.statista.com/statistics/1029163/median-value-of-mortgage-advances-in-the-uk/ (last visited May 18, 2022)
