The graph below gives information about changes in the average house prices in London between 2008 and 2015.
Overall, it can be seen that the significant rise in the average house prices in London during this period. As a result, the house prices reached a peak at the end of the period.
We could see that there was a fluctuation in the house prices during the period from 2008 to 2011. To begin, in 2008, the average house costs in London were about 600, 000 pounds. Then, the home charges diminished sharply to merely over 500, 000 pounds in 2009. On the other hand, there was a significant increase back to nearly 600, 000 pounds and stayed remained stable from 2010 to 2011.
Over a course of 5 years starting in 2011, there was a sharp rise. There was a moderate growth from just under 600, 000 pounds in 2011 to about 650, 000 pounds in 2013. In addition, the average house prices increased substantially in 2013 up to approximately 860, 000 pounds which reached a peak of the period.
The graph below gives information about
changes
in the
average
house
prices
in London between 2008 and 2015.
Overall
, it can be
seen
that the significant rise in the
average
house
prices
in London during this period.
As a result
, the
house
prices
reached a peak at the
end
of the period.
We could
see
that there was a fluctuation in the
house
prices
during the period from 2008 to 2011. To
begin
, in 2008, the
average
house
costs in London were about 600, 000 pounds. Then, the home charges diminished
sharply
to
merely
over 500, 000 pounds in 2009.
On the other hand
, there was a significant increase back to
nearly
600, 000 pounds and stayed remained stable from 2010 to 2011.
Over a course of 5 years starting in 2011, there was a sharp rise. There was a moderate growth from
just
under 600, 000 pounds in 2011 to about 650, 000 pounds in 2013.
In addition
, the
average
house
prices
increased
substantially
in 2013 up to approximately 860, 000 pounds which reached a peak of the period.