The provided charts illustrate average housing costs in England and London from 1995 to 2013, and also depict average house prices across different English regions in 2013.
Overall, housing expenses in both England and London rose significantly between 1995 and 2013. In 2013, London’s average house prices exceeded those in other English regions, with the exception of the North East, where prices were considerably lower.
Specifically, the average annual housing cost in England increased from £130,000 in 1995 to approximately £2,000,000 in 2013. London’s average house prices followed a similar upward trend, doubling from £200,000 in 1995 to roughly £420,000 in 2013.
Comparing regional variations in 2013, London’s average housing cost of £400,000 significantly surpassed those in other regions. The North East and Midlands reported considerably lower costs at £100,000 and £120,000 respectively. The South East and South West showed higher average house prices, ranging from £270,000 to £3,200,000. The North West exhibited an average cost of £200,000.