The first bar graph demonstrates the house prices on average in England and London in 1995 and 2013, while the second one illustrates how average housing fees varied across 6 areas of England in 2013.
Overall, citizens living in the capital have to pay more for a house compared to the country’s average house prices. In addition, a standard house in London costs the most, whereas the cheapest could be found in the Northeast region of the nation.
The differences in house value between the capital and the country rose over years. Specifically, the average house price in London was 200,000 pounds, which is significantly higher than the figures for the whole country, at around 130,000 pounds in 1995. The discrepancy in house value between the capital and the country became even more noticeable in 2013, when London citizens paid higher than 400,000 pounds for a house, more than double the country’s average.
Compared with other parts of the country, London still took the lead in terms of house prices in 2013. The second rank belonged to the Southeast area with more than 300,000 pounds, followed by Southwest and Northwest areas with about 270,000 pounds and 200,000 pounds, respectively. In contrast, the most affordable houses were in Midlands and North East England, with average prices at only about 100,000 pounds.