As another poster says it really depends on the condition of the house and on your taste regarding fixtures, fittings & furnishings. We set ourselves a budget of 60k for a rennovation, rewire, new bathrooms, kitchen, flooring, garden, knock down a few walls, put up a few partitions. No idea if we'll stick to it or not, but we simply can't go over - we may end up going for cheaper options for certain things like furnishings if it looks like we're going over budget.
It helps if you have friends in the trade, we're lucky that we do and family members are helping out too. It's a good time to be rennovating, we're finding that a lot of tradespeople are glad of the work and are willing to give decent work quotes.