House prices in Southampton have gone up by an average of over £2,000 in the month of July, according to figures from the Land Registry.
The latest data from the government department reveals that in July 2022 average house prices in Southampton reached £242,701.
This was up from £239,913 in June, representing over a 1.2 per cent increase. In the last 12 months it has risen by 10.5 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 increased in Southampton?
Breaking it down for specific types of housing, all prices saw an increase.
- Detached houses - Up to £426,808 from £423,553 in June
- Semi-detached houses - Up to £306,153 from £301,867 in June
- Terraced houses - Up to £252,990 from £249,456 in June
- Flats - Up to £166,534 from £165,016 in June
How do Southampton house prices compare to the UK average?
Despite the rise in prices this month, Southampton is still below the UK average with typical property value in the nations reaching £292,118 in July.
In cash terms, the average house price in July was £39,157 higher than a year earlier with house price growth accelerating to 15.5 per cent in July 2022. Prices were up by 2.0 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 here.
The above map can demonstrate which areas of Southampton are the most expensive for average house prices.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here