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Multiplying the total sales by the average price is a useful metric of how much money is flowing into housing from year to year: Sales Overall average Total sales Total price of all sales 2011 £232,671 660556 £153,692,225,076 2012 £238,196 668002 £159,115,404,392 2013 £247,195 790981 £195,526,548,295 2014 £260,775 918300 £239,469,682,500 2015 £271,994 916988 £249,415,234,072 2016 £282,715 920702 £260,296,265,930 2017 Q1 £286,747 197321 £56,581,204,787 2017 Q2 £293,127 222147 £65,117,283,669 2017 Q3 £299,115 244222 £73,050,463,530 2017 Q4 £291,290 235334 £68,550,440,860 2017 £292,872 899024 £263,298,956,928 2018 Q1 £294,232 179669 £52,864,369,208 2018 Q2 £287,766 125063 £35,988,879,258