Some parts of England have seen house prices rocket by as much as 50 per cent or more in just a year, analysis of official figures shows.
The Office for National Statistics publishes localised house price figures, based on the UK House Price Index, breaking England into 6,809 neighbourhoods known as middle-layer super output areas.
As the figures cover small areas, average house prices can fluctuate due to low sales numbers and can be heavily influenced by factors such as a new development in the area.
Here we reveal which neighbourhoods in Portsmouth have seen the greatest decrease in property prices in the last year, as well as neighbourhoods where prices have either stagnated, or not kept pace with the rest of the market.
Images are for illustrative purposes only.
5. Eastney
In Eastney, the average house price went down from £265,000 in September 2021 to £256,000 in September 2022, indicating a decrease of £9,000 or -3.4%. Photo: compassaerialphotography.co.uk
6. Alexandra Park
The average house price in Alexandra Park was £250,000 in September 2021, which decreased to £247,500 in September 2022, marking a decrease of £2,500 or -1.0%. Photo: Solent Sky Services
7. North End East
In North End East, the average house price went up from £235,000 in September 2021 to £238,000 in September 2022, marking an increase of £3,000 or 1.3%. Photo: Google Street View
8. Drayton & Farlington
The average house price in Drayton & Farlington was £338,825 in September 2021, which went up to £350,000 in September 2022, indicating an increase of £11,175 or 3.3%. Photo: Google Street View