A couple of years ago (2024) I read in Rob Dix's book, The Price of Money*, that measured in gold a house cost virtually the same in 2020 as it did in 1970. I did not immediately disbelieve Dix's startling claim, but I still felt it necessary to check the relevant data for myself. I did some web-based research, found it was true, and made a little table of dates, gold prices and property prices on the Notes app of my phone. I left it at that and did no further research on the topic.
Whenever the topic of house prices appeared in the media, I'd think: yes, but have property prices really gone up, or has money just gone down? In terms of data to refer to, all I had was the sparsely populated table on my phone. Then, in June 2026, I thought: why don't I make a website all about property priced in gold?
Whereas most property charts measure prices in pounds, dollars, or other currencies, PropertyPricedInGold.com measures the price of properties in gold. Specifically, the charts on this site use official property price data and historical gold prices to estimate how many ounces of gold would have been required to purchase the average property in a given region and year.
Read the full methodology for more detail on the data sources, formula, and limitations.
Disclaimer: Property Priced In Gold is intended only as an educational and historical comparison tool. Nothing on this website should be considered financial or investment advice.
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X.com: @PropertyInGold
Feedback, corrections, and suggestions are always welcome.
* I would recommend this book to anyone who wants a concise, easy-to-read explanation of our monetary system.