You bought your current house 10 years ago for £55,000. There are currently three similar properties for sale on your street. Property 1 £75,000 Property 2 £80,000 Property 3 £83,500 You want to put your house up for sale at a price that: • makes you at least 40% profit on the amount you paid for your house; and • is no more than the mean price of the properties currently for sale on your street. Suggest a price that you could sell your house for. Explain your answer.
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