UK household net worth, meaning total assets minus all liabilities, rises with age until the mid-60s and then falls. This page uses the ONS Wealth and Assets Survey for April 2020 to March 2022, the latest release, which covers Great Britain (England, Scotland and Wales). ONS counts household wealth: property, private pensions, financial assets and physical possessions, net of debts.
Quick answer: Median household wealth in Great Britain was £293,700. The wealthiest 10% of households had £1,200,500 or more, and the wealthiest 1% had at least £3,121,500.
Use the UK net worth percentile calculator to see where your own figure falls.
Household wealth percentiles (all ages)
| Percentile | Household total wealth |
|---|---|
| Top 1% (99th percentile) | £3,121,500 or more |
| Top 5% (95th) | £1,658,100 or more |
| Top 10% (90th) | £1,200,500 or more |
| Top 25% (75th) | £662,100 or more |
| Median (50th) | £293,700 |
| Bottom 25% (25th) | £70,500 or less |
| Bottom 10% (10th) | £16,500 or less |
Source: ONS, percentiles of household total wealth, Great Britain, April 2020 to March 2022 (ad hoc 3134; the 10th, 50th, 90th and 99th match the ONS bulletin).
Median household wealth by age
| Age of household head | Median household wealth |
|---|---|
| 16 to 24 | £15,200 |
| 25 to 34 | £109,800 |
| 35 to 44 | £209,600 |
| 45 to 54 | £301,900 |
| 55 to 64 | £496,500 |
| 65 to 74 | £502,500 |
| 75 and over | £373,100 |
Source: ONS, median household wealth by age of household head, Great Britain, April 2020 to March 2022.
Household wealth peaks when the head is aged 65 to 74. ONS explains the pattern with property and pensions: younger households often have very little property wealth, older owners have benefited from house price rises over their lifetime, and wealth starts to decline as pension wealth is used in retirement. The average age of first-time buyers in England was 34.
ONS does not publish percentile cut-offs for each age band in this release, so this page does not show a 10th-to-90th percentile table for each age group. Compare your household with the all-ages percentiles above and the age medians in the second table.
What counts as net worth in the UK?
Net worth = total assets − total liabilities.
| Component | Description |
|---|---|
| Net property wealth | Home and other property value minus mortgages |
| Private pension wealth | Value of workplace and personal pensions |
| Net financial wealth | ISAs, savings, shares, bonds, minus unsecured debts |
| Physical wealth | Vehicles, contents, jewellery and collectibles |
Across all households, net property wealth made up 40% of household wealth, private pension wealth 35%, net financial wealth 14% and physical wealth 10% (ONS, April 2020 to March 2022). State Pension entitlement is not counted.
How to improve your UK net worth
- Increase pension contributions — pension contributions get tax relief at your marginal rate, so higher-rate taxpayers get 40% relief.
- Overpay your mortgage — each £1 of mortgage repayment beyond the minimum directly increases net worth by £1.
- Use your ISA allowance — the annual ISA allowance is £20,000 for 2026/27, and returns inside an ISA are tax-free.
- Reduce unsecured debt — paying off a high-interest credit card balance earns you a return equal to the card’s interest rate.
- Track it annually — average net worth by age gives you a baseline to measure against.
Related UK net worth articles
The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy