The bar charts indicate the mean expenditure on housing in England and its capital city, London, from 1995 to 2013, and compare the average house prices across different regions of England in 2013.
Overall, both England and London experienced a significant increase in house prices during the given period, with London’s prices consistently far exceeding the national average. In 2013, London had the highest housing costs, while the North East recorded the most affordable housing prices.
In 1995, the average housing price in London was 200 thousand pounds, which was considerably higher than the national average of 125 thousand pounds. By 2013, London saw a sharp increase, with its housing prices more than doubling to exceed 400 thousand pounds, compared to the national average of 200 thousand pounds.
In 2013, London led all regions with an average house price of over 400 thousand pounds, making it twice as expensive as the North West, which averaged about 200 thousand pounds. The South East ranked second with 310 thousand pounds, followed by the South West at 270 thousand pounds. Meanwhile, the Midlands and North East had the lowest housing costs, with averages of 150 thousand and 100 thousand pounds, respectively.