Indices of House Prices and Rent Prices of Residential Property in London, 1895-1939

Luke Samy

No _134, Oxford Economic and Social History Working Papers from University of Oxford, Department of Economics

Abstract: Data from two different primary sources were used to construct indices of house prices (HPI) and rents (RRPI) of residential property located in London and the Home Counties between 1895 and 1939. The indices were derived using the hedonics method of price index measurement, which extracts the variation in prices due to differences in the quality of dwellings that form the sample across different time periods. Both nominal and real HPIs and RRPIs are reported in the paper, as well as simple summary statistics on the levels of house prices and rental values, years purchase and returns on housing for a selected number of boroughs in London over time.

Keywords: housing; rents; inflation; building societies (search for similar items in EconPapers)
Date: 2015-04-14
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Citations: View citations in EconPapers (7)

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