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House Prices

Volume 407: debated on Monday 23 June 2003

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To ask the Deputy Prime Minister what the average house price was in (a) London, (b) the South East, (c) the South West and (d) the South of England in each financial year since 1995–96. [121209]

The Office of the Deputy Prime Minister's estimates of average property prices by financial year in the Government Office Regions of London, the South East and the South West are tabled as follows:

LondonSouth eastSouth west
1995–9688,25683,65466,120
1996–9797,15289,97269,148
1997–98109,237100,24976,580
1998–99129,709116,29484,796
1999–2000158,171128,11594,822
2000–01178,886150,551109,691
2001–02187,976163,839121,666
2002–03212,359193,680153,717

Note:

The "South of England" is not a recognised administrative area. (Hamphire and Sussex are in the south east region; Dorset is in the south west region).

Source:

Survey of Mortgage Lenders