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United Kingdom · All property types
Historical
Projected
Normal range*
Fetching Land Registry data…
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Projection table
January Property price 1 BTC
₿ vs latest £ vs latest
Model Assumptions
Historical property price (BTC)
UK Land Registry HPI price divided by the BTC/GBP monthly open price from Yahoo Finance.
Projected property price (GBP)
Latest Land Registry HPI price compounded forward at the average annual growth rate over the last 10 years. This extends the observed long-term trend for the selected region and property type.
Projected Bitcoin price — GBP Native Power Law
Projected Bitcoin price uses a power law model fitted directly to 16 years of daily BTC/GBP data (Jul 2010 – Jul 2026, R² = 0.965). Santostasi & Perrenod (2026) show the power law's slope is not a free parameter — it follows from Bitcoin's network adoption rate and Metcalfe's law. DOI 10.5281/zenodo.19387099
Projected property price (BTC)
The projected GBP price divided by the projected Bitcoin price. If Bitcoin appreciates faster than the property, the BTC cost of the home falls even as the Land Registry HPI rises.
Normal range*
The corridor on the chart shows the typical range for the property's Bitcoin price. Based on Bitcoin's historical deviation from the power law trend, it spans roughly ×2 above and ×0.5 below the median 68% of the time (Santostasi & Perrenod, 2026).
Your property in Bitcoin a ten-year projection in pounds and Bitcoin
Choose your city, property type, and enter your valuation.
A thought experiment, not a forecast. Your price is grown at the selected city and property type's average annual growth rate over the last 10 years (HM Land Registry UK HPI). The trend is the GBP-native power law median (Santostasi & Perrenod, 2026); the range spans roughly ×2 above and ×0.5 below the trend, where Bitcoin sits about 68% of the time. Live BTC/GBP from Coinbase.
Regional comparison in Bitcoin and pounds, across epochs
Comparison rows show change since the same calendar month four and eight years prior to the latest HPI release. Sources: HM Land Registry UK HPI · Yahoo Finance BTC/GBP monthly open.

About Bitcoin House Price Index

If your house is worth more, why doesn't it buy more?

For generations, property has been the cornerstone of personal and family wealth in the UK. Buy a home, watch it grow in value, build security for your family. The home is the foundation of the prosperity narrative.

But a price is not a fact about an object. It is a ratio between two things — and one of them is the pound.

Is the pound a fixed unit?

No. The Bank of England targets 2% inflation per year — a pound today is designed to be worth less tomorrow. Broad money supply has expanded significantly over recent decades. The pound is not a fixed unit, it's a managed one.

So when a house price rises, the house may have become more valuable, or the pound may have become less so. The number alone cannot tell you which.

Can you trust the ruler?

Nassim Nicholas Taleb describes this problem as Wittgenstein's Ruler: if you don't trust the ruler, you can't trust the measurement. When the measuring tool is suspect, the result can tell you more about the tool than about the thing you're measuring.

A house price quoted in pounds tells you as much about monetary policy as it does about property.

What makes Bitcoin a different ruler?

There will only ever be 21 million Bitcoin. That number is not a policy decision — it is written into the protocol and cannot be changed by any government, central bank or corporation.

The supply of pounds can expand. The supply of Bitcoin cannot.

What does property look like measured that way?

Different. Many who did everything right — bought property, held it, watched the number go up — have seen their real purchasing power stagnate or fall.

The wealth illusion is not a failure of individuals. It is a consequence of the unit of measurement.

Is this an argument for buying Bitcoin?

No. This dashboard doesn't argue that Bitcoin is a good investment, or that property is a bad one. It asks a simpler question: when you measure property in a finite unit rather than an expanding one, what has actually happened to UK property wealth?

The answer is the index.

Not financial advice

This is data and analysis, not a recommendation to buy, sell, or hold any asset. Past performance does not predict future results.

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