Rising high: A brief history of the housing market

House price monopoly would be a better name for what has turned into a defining political issue ahead of the 2015 general election. As the ONS states in its latest release of long-term housing sales data, “the average price of sold houses in England and Wales has more than doubled since 1995” and “nearly a million properties were sold in 2013.” The dynamics of the housing market is about more than people looking for a place to live. It has become a substantial part of the British economy.
The following cartogram animation puts this trend into a vivid perspective. It shows the absolute value of all housing stock sold in a year for the regions of England as well as the boroughs of London, which itself becomes ever more dominant over the past two decades. Only in economic weaker times it loses some of its pace compared to the rest of England, but stays way ahead of any other region. The animation also takes the absolute value displayed in each map into account by resizing England according to the total value represented in each map, so that the full cartogram itself grows (and shrinks after the crash in 2008) over time:

Cartogram animation of sold housing value from 1995 to 2014
(click for larger version)

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So you think you know about the United Kingdom?

For those not living in the United Kingdom it sometimes is a bit confusing what this strange little island next to Europe is all about. There is the United Kingdom, Great Britain, and there are England, Wales, Scotland and Northern Ireland. There is Westmister, but also Holyrood and the Welsh and Northern Irish Assembly. A lot of confusing responsibilities for such a small island.
The following series of maps shows the United Kingdom and its different countries in a series of population cartograms and explains the different countries that it consists of. Continue reading