Figure 5: Housing market value decreased most in London
Nominal total value of property transactions, North East, East, London, and England and Wales, year ending September 1996 to year ending September 2018
Source: Office for National Statistics and HM Land Registry
- Nominal total value is the total value of residential property transactions. This is expressed as an index in this chart, where 100 represents the value in the year ending September 2007.
- In the year ending September 2018, the East of England had the highest housing market value relative to the peak in 2007. The North East had the lowest relative to the peak in 2007.
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