The average price of houses bought by first-time buyers was notably lower than houses purchased by repeat buyers in London in 2023. Homebuyers spent on overage 383,000 British pounds when purchasing their first property in 2023. For repeat buyers, this figure amounted to 657,000 British pounds in that year. In London, the average house price was about 590,000 British pounds in 2023.
Simple average house price for residential real estate in London, England, from 2000 to 2023, by type of buyer
(in GBP)
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Office for National Statistics (UK). (March 20, 2024). Simple average house price for residential real estate in London, England, from 2000 to 2023, by type of buyer (in GBP)
[Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/286051/dwellings-simple-average-house-price-in-london-by-buyer/
Office for National Statistics (UK). "Simple average house price for residential real estate in London, England, from 2000 to 2023, by type of buyer (in GBP)
." Chart. March 20, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/286051/dwellings-simple-average-house-price-in-london-by-buyer/
Office for National Statistics (UK). (2024). Simple average house price for residential real estate in London, England, from 2000 to 2023, by type of buyer (in GBP)
. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/286051/dwellings-simple-average-house-price-in-london-by-buyer/
Office for National Statistics (UK). "Simple Average House Price for Residential Real Estate in London, England, from 2000 to 2023, by Type of Buyer (in Gbp)
." Statista, Statista Inc., 20 Mar 2024, https://www.statista.com/statistics/286051/dwellings-simple-average-house-price-in-london-by-buyer/
Office for National Statistics (UK), Simple average house price for residential real estate in London, England, from 2000 to 2023, by type of buyer (in GBP)
Statista, https://www.statista.com/statistics/286051/dwellings-simple-average-house-price-in-london-by-buyer/ (last visited November 21, 2024)
Simple average house price for residential real estate in London, England, from 2000 to 2023, by type of buyer (in GBP)
[Graph], Office for National Statistics (UK), March 20, 2024. [Online]. Available: https://www.statista.com/statistics/286051/dwellings-simple-average-house-price-in-london-by-buyer/
