In the UK, what is the average wealth of a person?

Question

That is what is the average of the total of the value of people's money, possessions, investments, property, but minus any outstanding mortgage?

I think it is around £120K but I am not sure.

Note I am looking for the total of individuals wealth - I know that if everyone tries to sell their house at the same time it will come down in price alot.

Thanks

Happy Easter by the way.

Answer 1

Found the following link as first hit for 'national statistics net worth UK 2006'

I can't be bothered to trawl through it (I expect it's main aim is to allow good old Gordon to work out how much more he can take from us in Taxes) - I assume you can find what you need yourself even if you have to divide the UK total by the population (or number of households)