SUMMARY OUTPUT

Regression Statistics
Multiple R 0.982456919
R Square 0.9652215977
Adjusted R Square 0.9590842326
Standard Error 22759.126357
Observations 21

ANOVA
df SS MS F Significance F
Regression 3 244386661952 81462220651 157.26970448 1.348564881736E-12
Residual 17 8805623153.07 517977832.53
Total 20 253192285105

Coefficients Standard Error t Stat P-value Lower 95%

Intercept -1424609.5968 168692.102474 -8.4450284035 1.733123E-07 -1780518.8224913
X Variable 1 0.1926477434 0.03455692119 5.5747947673 3.353809E-05 0.119739012784031
X Variable 2 5.7297355336 5.7328001613 0.9994654222 0.3315841079 -6.36541555131856
X Variable 3 16573.95481 4514.16686681 3.6715423463 0.0018911519 7049.89523325815
 Upper 95% Lower 95.0% Upper 95.0%
-1068700.3712 -1780518.8225 -1068700.3712
0.2655564741 0.1197390128 0.2655564741
17.824886619 -6.3654155513 17.824886619
26098.014386 7049.8952333 26098.014386
Years Average London Housing price
2000 142,007
2001 159,226
2002 187,396
2003 211,101
2004 228,614
2005 235,329
2006 251,281
2007 287,114
2008 282,959
2009 257,854
2010 284,543
2011 290,551
2012 303,927
2013 329,168
2014 386,124
2015 425,134
2016 467,503
2017 480,247
2018 477,855
2019 471,366
2020 483,661
Total Result 316,331
 LONDON
Month
Jan-00 130,411
Feb-00 132,705
Mar-00 134,286
Apr-00 140,670
May-00 140,862
Jun-00 143,542
Jul-00 146,228
Aug-00 147,284
Sep-00 147,316
Oct-00 145,626
Nov-00 147,666
Dec-00 147,483
Jan-01 149,543
Feb-01 149,776
Mar-01 150,941
Apr-01 152,865
May-01 157,156
Jun-01 158,760
Jul-01 161,122
Aug-01 164,628
Sep-01 164,820
Oct-01 166,189
Nov-01 167,214
Dec-01 167,693
Jan-02 169,841
Feb-02 170,502
Mar-02 172,749
Apr-02 178,218
May-02 182,805
Jun-02 186,038
Jul-02 191,162
Aug-02 195,333
Sep-02 197,045
Oct-02 199,092
Nov-02 202,527
Dec-02 203,437
Jan-03 207,162
Feb-03 206,464
Mar-03 205,573
Apr-03 207,953
May-03 210,583
Jun-03 208,941
Jul-03 213,806
Aug-03 212,692
Sep-03 212,901
Oct-03 214,608
Nov-03 215,556
Dec-03 216,971
Jan-04 218,855
Feb-04 219,804
Mar-04 221,324
Apr-04 225,863
May-04 227,330
Jun-04 230,156
Jul-04 233,877
Aug-04 234,836
Sep-04 234,134
Oct-04 232,287
Nov-04 234,718
Dec-04 230,185
Jan-05 232,422
Feb-05 231,321
Mar-05 231,263
Apr-05 235,367
May-05 235,685
Jun-05 235,899
Jul-05 237,872
Aug-05 237,971
Sep-05 236,916
Oct-05 234,298
Nov-05 236,561
Dec-05 238,377
Jan-06 239,846
Feb-06 239,115
Mar-06 241,380
Apr-06 245,474
May-06 247,591
Jun-06 251,417
Jul-06 253,883
Aug-06 256,704
Sep-06 257,541
Oct-06 259,115
Nov-06 258,814
Dec-06 264,494
Jan-07 267,658
Feb-07 270,780
Mar-07 273,479
Apr-07 278,805
May-07 282,726
Jun-07 285,958
Jul-07 295,694
Aug-07 297,653
Sep-07 298,414
Oct-07 298,559
Nov-07 297,648
Dec-07 297,994
Jan-08 298,596
Feb-08 295,700
Mar-08 293,605
Apr-08 294,346
May-08 295,163
Jun-08 290,100
Jul-08 290,261
Aug-08 281,721
Sep-08 276,487
Oct-08 266,999
Nov-08 258,647
Dec-08 253,881
Jan-09 253,093
Feb-09 249,847
Mar-09 247,264
Apr-09 245,351
May-09 249,991
Jun-09 253,596
Jul-09 259,793
Aug-09 262,076
Sep-09 267,501
Oct-09 268,780
Nov-09 266,837
Dec-09 270,118
Jan-10 279,724
Feb-10 278,753
Mar-10 280,472
Apr-10 281,981
May-10 281,762
Jun-10 284,541
Jul-10 292,772
Aug-10 290,646
Sep-10 290,093
Oct-10 286,131
Nov-10 282,290
Dec-10 285,353
Jan-11 287,983
Feb-11 285,227
Mar-11 287,092
Apr-11 293,993
May-11 284,722
Jun-11 285,906
Jul-11 295,843
Aug-11 294,903
Sep-11 295,358
Oct-11 292,267
Nov-11 291,036
Dec-11 292,284
Jan-12 294,360
Feb-12 292,381
Mar-12 290,379
Apr-12 299,065
May-12 304,081
Jun-12 306,823
Jul-12 308,962
Aug-12 310,043
Sep-12 308,469
Oct-12 310,281
Nov-12 308,540
Dec-12 313,744
Jan-13 311,364
Feb-13 313,550
Mar-13 312,289
Apr-13 320,921
May-13 322,324
Jun-13 324,518
Jul-13 332,988
Aug-13 335,743
Sep-13 340,494
Oct-13 340,045
Nov-13 343,749
Dec-13 352,028
Jan-14 355,830
Feb-14 357,876
Mar-14 361,400
Apr-14 375,337
May-14 382,705
Jun-14 387,182
Jul-14 398,737
Aug-14 404,754
Sep-14 403,670
Oct-14 402,300
Nov-14 400,803
Dec-14 402,898
Jan-15 402,847
Feb-15 404,773
Mar-15 404,706
Apr-15 410,445
May-15 415,817
Jun-15 419,474
Jul-15 431,644
Aug-15 436,152
Sep-15 439,729
Oct-15 440,484
Nov-15 445,485
Dec-15 450,053
Jan-16 457,466
Feb-16 457,759
Mar-16 464,647
Apr-16 461,068
May-16 467,485
Jun-16 468,120
Jul-16 475,530
Aug-16 471,957
Sep-16 471,767
Oct-16 471,008
Nov-16 470,854
Dec-16 472,374
Jan-17 475,619
Feb-17 476,717
Mar-17 475,442
Apr-17 479,790
May-17 480,902
Jun-17 480,152
Jul-17 488,527
Aug-17 487,085
Sep-17 483,833
Oct-17 481,762
Nov-17 476,290
Dec-17 476,848
Jan-18 479,772
Feb-18 477,860
Mar-18 472,357
Apr-18 477,253
May-18 478,485
Jun-18 479,931
Jul-18 484,724
Aug-18 479,550
Sep-18 476,545
Oct-18 479,775
Nov-18 474,551
Dec-18 473,454
Jan-19 470,067
Feb-19 466,068
Mar-19 464,162
Apr-19 469,494
May-19 463,834
Jun-19 470,878
Jul-19 478,858
Aug-19 472,872
Sep-19 477,779
Oct-19 474,156
Nov-19 468,757
Dec-19 479,472
Jan-20 475,918
Feb-20 474,998
Mar-20 482,523
Apr-20 475,226
May-20 470,394
Jun-20 478,922
Jul-20 483,146
Aug-20 488,557
Sep-20 492,983
Oct-20 487,615
Nov-20 495,721
Dec-20 497,929
Jan-21 502,195
Feb-21 493,780
Mar-21 501,759
Apr-21 491,687
 Average London Housing London Average
Year Interest rate
price (£) population Income
SI Y X1 X2 X3
2000 142006.69 7236712 18848 6
2001 159225.79 7322403 19722 4
2002 187395.75 7376671 20376 4
2003 211100.92 7394817 21124 3.75
2004 228614.04 7432730 22056 4.75
2005 235329.27 7519009 22888 4.5
2006 251281.18 7597825 23367 5
2007 287114.02 7693473 24043 5.5
2008 282959.01 7812161 25165 2
2009 257853.76 7942594 25806 0.5
2010 284543.13 8061495 25882 0.5
2011 290551.08 8204407 26095 0.5
2012 303927.33 8308833 26472 0.5
2013 329167.88 8417458 27001 0.5
2014 386124.34 8539398 27215 0.5
2015 425134.16 8666930 27615 0.5
2016 467502.88 8769659 28195 0.25
2017 480247.17 8825001 28759 0.5
2018 477854.81 8908081 29559 0.75
2019 471366.50 8961989 30378 0.75
2020 483661.00 9002488 31461 0.75