This statistic illustrates the annual indices of the nominal value of property transactions on the housing market in London, England from 2000 to 2020. The index was set at 100 as of 2007. The nominal value index oscillated throughout the years, reaching the lowest value of 46.73 in 2009 and the highest value of 105.35 in 2014. The nominal total value of property transactions in London has fallen annually between 2014 and 2020.
Annual indices of nominal value of property transactions in London, England from 2000 to 2020
The source added the following information "Housing market value (HMV) is the total value of residential property transactions for an area. It is driven by a combination of property prices and the number of property transactions. These housing market value statistics are presented in nominal terms, which mean that they have not been adjusted to take account of price inflation and so they present the simple total transactional value of all property sales."
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Office for National Statistics (UK). (June 21, 2021). Annual indices of nominal value of property transactions in London, England from 2000 to 2020 [Graph]. In Statista. Retrieved October 05, 2024, from https://www.statista.com/statistics/822843/indices-of-nominal-value-of-property-transactions-london/
Office for National Statistics (UK). "Annual indices of nominal value of property transactions in London, England from 2000 to 2020." Chart. June 21, 2021. Statista. Accessed October 05, 2024. https://www.statista.com/statistics/822843/indices-of-nominal-value-of-property-transactions-london/
Office for National Statistics (UK). (2021). Annual indices of nominal value of property transactions in London, England from 2000 to 2020. Statista. Statista Inc.. Accessed: October 05, 2024. https://www.statista.com/statistics/822843/indices-of-nominal-value-of-property-transactions-london/
Office for National Statistics (UK). "Annual Indices of Nominal Value of Property Transactions in London, England from 2000 to 2020." Statista, Statista Inc., 21 Jun 2021, https://www.statista.com/statistics/822843/indices-of-nominal-value-of-property-transactions-london/
Office for National Statistics (UK), Annual indices of nominal value of property transactions in London, England from 2000 to 2020 Statista, https://www.statista.com/statistics/822843/indices-of-nominal-value-of-property-transactions-london/ (last visited October 05, 2024)
Annual indices of nominal value of property transactions in London, England from 2000 to 2020 [Graph], Office for National Statistics (UK), June 21, 2021. [Online]. Available: https://www.statista.com/statistics/822843/indices-of-nominal-value-of-property-transactions-london/