Less Open Market houses were sold in both 2008 and 2009, occasioned by the world economic climate.
In the first of those years the average price actually rose because of the large number of expensive houses sold during the period including a sprinkling of record breaking prices between £5m - £7m.
Although in 2009 a fair number of expensive houses were also sold, some achieving prices in excess of £1m with a fair number selling for between £2m and £3m.the average price dropped because of two factors, the lack of record breaking prices and the number of relatively inexpensive houses which were conveyed.
The lower graph should therefore be viewed in that context.

