The provided charts present data on the average housing costs in England and its capital city – London from 1995 to 2013, and also show the average house prices in other regions of England in 2013.
Overall, it is evident that the house expenses, in England and its capital – London- increased significantly from 1995 to 2013. Also, the house costs in London were higher than in distinct areas of England in 2013, while the opposite was true for North East areas.
A closer examination of the data reveals that in 1995, England residents paid 130000 pounds for housing costs per year, but this expenditure increased steadily in 2013, to about 2000000 pounds. Meanwhile, starting at 200000 pounds in 1995, the average house prices in London doubled in 2013, to about 420000 pounds.
Regarding the house expenses in London compared to other regions in England in 2013, it is noticeable that while London residents had to pay 4000000 pounds for housing costs, people living in the North-East and Midlands regions paid 100000 and 120000 pounds per year, respectively. Following the data, residents in the South-East and South-West regions had to pay the average house prices with significant expenditures, ranking from 270000 pounds to 32000 pounds per year. Also, the house prices in the North West were average at 200000 pounds per year compared to other regions.
