House prices in Southampton have gone down by an average of less than £100 in the month of January, according to figures from the Land Registry.
The latest data from the government department reveals that in January 2023 average house prices in Southampton reached £254,556.
This was down from £254,647 in December, representing a 0.0 per cent the same as. In the last 12 months it has risen by 9.3 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Southampton here.
How much have house prices decreased in Southampton?
Breaking it down for specific types of housing, some prices saw an increase despite the general fall.
- Detached houses - Down to £449,255 from £449,933 in December
- Semi-detached houses - Up to £321,744 from £321,209 in December
- Terraced houses - Down to £265,377 from £265,534 in December
- Flats - Down to £173,978 from £174,214 in December
How do Southampton house prices compare to the UK average?
The fall in prices this month means Southampton is still below the UK average with typical property value in the nations reaching £289,818 in January.
In cash terms, the average house price in January was £17,080 higher than a year earlier with house price growth accelerating to 6.3 per cent in January 2023. Prices were down by -1.1 per cent month on month.
How much could your house be worth?
We have created this map for the South East so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website.
The above map can demonstrate which areas of Southampton are the most expensive for average house prices.
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