§ Lord Oakeshott of Seagrove Bayasked Her Majesty's Government:
What was the average price of a dwelling in each of the nations and regions of the United Kingdom and for the United Kingdom as a whole, in (a) 1984; (b) 1993; (c) 1997; and (d) 2003. [HL4678]
§ The Minister of State, Office of the Deputy Prime Minister (Lord Rooker)The average dwelling prices are tabled below:
£ Year 1984 1993 1997 2003 United Kingdom 29,106 64,239 77,531 155,485 England 29,881 65,718 79,814 165,834 Wales 23,665 53,588 60,494 104,140 Scotland 25,865 59,098 65,973 92,006 Northern Ireland 21,455 42,213 58,300 102,348 Government Office Regions North East 22,524 51,569 56,503 94,590 North West 24,333 55,641 63,077 108,956 Yorkshire & the Humber 22,356 55,325 60,874 107,325 East Midlands 24,377 54,540 62,656 133,215 West Midlands 24,989 60,032 69,598 132,898 East 32,971 67,463 84,306 181,494 London 39,346 83,109 107,968 236,476 South East 37,967 77,798 98,329 213,115 South West 30,612 61,714 75,064 170,560 Source:
Building Societies Mortgages/Survey of Mortgage Lenders
Notes:
1. The data for 1984 are calculated as simple averages derived from the 5 per cent sample survey of Building Societies Mortgages (BSM).
2. The data for 1993 and 1997 are calculated as mix-adjusted averages derived from the 5 per cent sample survey of all mortgage lenders (the Survey of Mortgage Lenders (SML)), except for the north-west. At the time, the north-west and Merseyside were separate Government Office Regions and the mix-adjusted averages were calculated on this basis. We are only able to produce simple averages for a combined north-west and Merseyside region for 1993 and 1997.
3. The data for 2003 are calculated as mix-adjusted averages derived from a significantly enhanced sample of all mortgage lenders (SML) for all countries and regions.
55WA
§ Lord Oakeshott of Seagrove Bayasked Her Majesty's Government:
What was the estimated average price paid for a dwelling by first-time buyers for each of the nations and regions of the United Kingdom and for the United Kingdom as a whole, in (a) 1984; (b) 1993; (c) 1997; and (d) 2003. [HL4679]
§ Lord RookerThe average dwelling prices paid by first time buyers are tabled below:
£ Year 1984 1993 1997 2003 United Kingdom 22,174 50,694 57,100 118,794 England 22,784 51,814 58,391 126,045 Wales 18,707 41,769 46,592 83,915 Scotland 19,792 46,666 50,488 73,272 Northern Ireland 17,618 36,036 48,416 85,513 Government Office Regions North East 17,009 40,901 42,904 75,693 North West 18,300 42,962 44,741 84,054 Yorkshire & the Humber 17,253 43,111 45,173 82,146 East Midlands 18,135 43,045 46,304 99,461 West Midlands 18,429 46,132 49,842 99,084 East 24,874 52,031 61,270 134,545 London 32,635 68,072 79,403 187,083 South East 27,522 59,165 69,984 154,084 South West 23,633 48,996 57,883 130,311 Source:
Building Societies Mortgages/Survey of Mortgage Lenders
Notes:
1. The data for 1984 are calculated as simple averages derived from the 5 per cent sample survey of Building Societies Mortgages (BSM).
2. The data for 1993 and 1997 are calculated as mix-adjusted averages derived from the 5 per cent sample survey of all mortgage lenders (the Survey of Mortgage Lenders (SML)), except for the north-west. At the time, the north-west and Merseyside were separate Government Office Regions and the mix-adjusted averages were calculated on this basis. We are only able to produce simple averages for a combined north-west and Merseyside region for 1993 and 1997.
3. The data for 2003 are calculated as mix-adjusted averages derived from a significantly enhanced sample of all mortgage lenders (SML) for all countries and regions.