Has Your Home Increased In Value Like This One?
A home built for £1,000 60 years could now fetch £350k.
IT is a fine example of the long-term value of good old bricks and mortar.
Rhys Probert and his wife Audrey have just had their home valued – at 2,800 times what they originally paid for the land it is built on 60 years ago.
Postman Rhys was just 22 when he bought a plot for £125 in a country village to make a home to share with his bride-to-be.
But he only had enough money to build a humble one-bedroom bungalow.
Over the years the pair worked night and day to create their own special place, adding extensions, a conservatory and even a swimming pool as they brought up their children.
The delighted Proberts have now been told that the property could fetch up to £350,000 if they chose to move on.
Rhys said: “We have come an awful long way from the home we first built.
“We had no carpets, no central heating, we had quarry tiles on the floor that were cold as ice. There was a tiny kitchen and bathroom and one bedroom.
The whole house was probably just 76 square yards.
“Then as we got more established in our jobs and as we settled down to have children we slowly started to expand.”
Now their home is a three-bedroom, 285-square yard property with two bathrooms.
Grandmother-of-four Audrey, 80, said: “All those years ago it cost us £1,000 in building materials and labour to put the house up in its original state.
“That was a lot of money then but it wouldn’t get you much today.”
They began extending to make room for their first child in 1962, and by 1969 they had added an outdoor pool.
Audrey and Rhys sold part of their land to reduce their workload in the garden and free up some finances so they could travel after their children had left home.
Audrey said: “It really is the house that love built.
“We have spent 60 happy years making memories in this house and will stay here until the end of our days.”
In today’s prices, the £125 the couple first spent is equivalent to £3,000. Average weekly wages in Britain at the time were just under £10 a week.