You are here: Home - News -

House values leap into hyperspace since Star Wars premiere

  • 16/12/2015
  • 0
House values leap into hyperspace since Star Wars premiere
The Star Wars franchise might be one of the most successful movie franchises in history – but even its success dwarfs in comparison to the 2519% growth in house price since its initial release in May 1977.

Star Wars may have generated $4.4bn since the first film, A New Hope, was released in the late 70s, but the UK housing stock value has grown greater than Jabba the Hutt – leaping from £194.4bn to today’s figure of £5.1trn.

Back in 1977, the average house cost £13,650 – a fraction of today’s average price of £287,000. House values have increased by 767% for those who bought their home when The Empire struck back in 1980 compared to today, and by 566% for those who waited until the Return of the Jedi in 1983.

While The Phantom Menace did introduce us to Jar Jar Binks, it was good news for homebuyers in 1999, whose homes have increased in value by 170%, followed by 93% when Attack of the Clones was released.

Perhaps Anakin brought price growth with him to the dark side, as the past ten years since Revenge of the Sith has seen prices grow a modest 26%.

Craig McKinlay, mortgage director at Halifax, said: “For Star Wars fans the promise of a new trilogy means the circle is now complete. Box office receipts are likely to cement the franchise’s place as one of the most successful series of all time.

“However, it’s no Jedi mind trick to say even the returns here have been dwarfed by increases in the value of UK housing stock.”

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
  • RT @robjupp: Great day yesterday for donations to @MortSleepOut. With Gift Aid, we are now close to £17,000. It would be great to get to £2…

Read previous post:
BoE governor Mark Carney getting into car
Carney promises ‘action’ to curb buy-to-let market

Governor of the Bank of England Mark Carney told the Financial Times (FT) he is likely to push for more...