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Near this price

You can buy one of the following:

House
Average (mean) cost of a House in the United Kindgom, 2010 for £251,600 (Íkr47,260 thousand) from source

Thousands of

You can buy one of the following:

Hours of magistates court
Running costs. Image: Jonathunder. for £400 (Íkr75,120) from source
Oxford English Dictionaries
20 volume dictionary for £750 (Íkr140,800) from source

Shopping list

You can buy all of the following:

1 House
Average (mean) cost of a House in the United Kindgom, 2010 for £251,600 (Íkr47,260 thousand) from source
1 Question in the UK parliament
Payments made to MPs to table parliamentary questions, 1994. for £2 thousand (Íkr375,600) from wikipedia
×1k

1 thousand Oxford English Dictionaries
20 volume dictionary for £750 (Íkr140,800) from source
1 Room at The Langham Hotel, London
Bed and breakfast in Classic Room at the Langham Hotel, London. for £310.80 (Íkr58,370) from source
×4k

4 thousand Scientific calculators
Casio FX-85GT+ scientific calculator for £7.99 (Íkr1,501) from source