The bar charts compare the average cost of houses in England, London and other regions in the country in 1995 and 2003, measured in pounds.
Overall, the prices of houses in London was significantly higher than those of England and other regions in the given period. In particular, London had the most expensive houses, followed by South East, South West and North West, whereas the average cost of houses in Midlands and North East were more financially attractive.
According to the chart, in 1995, houses costed below 200,000 pounds in both England and London, recording approximately 125,000 and 200,000, respectively. However, in 2013, prices doubled to staggering 410,000 in London, and in England, on the other hand, it only increased by about 75,000, showing a small rise after 18 years.
As for other areas London exhibited the highest prices at nearly 400,000 pounds in 2013, overtaking the rest of the regions. In South East, South West, and North West, prices ranged between 325,000 and 200,000, indicating these destinations were suitable for average-income families. In contrast, Midlands and North East had the most affordable houses for their residents, below 125,000 pounds.
