60 years' wait reaps 600 per cent reward for vendors

What would you say to your family home going up in value to almost 600 times its original price? Such is the case of a four-bedroom…

What would you say to your family home going up in value to almost 600 times its original price? Such is the case of a four-bedroom semi-detached house on Greenfield Road in Mount Merrion. Bought in 1938 for about £750, the Kenny-built property sold at auction recently for £446,000. It is in its original state with the only nod to contemporary living being the installation of central heating, according to selling agent, Terry Halpenny. Should new home buyers take comfort from this sale as they pay anything up to £180,000 for their first home? In 60 years' time, it could be worth £10.8 million!