The latest data from the government department reveals that in February 2023 average house prices in Southampton reached £254,514.

This was down from £255,446 in January, representing a 0.4 per cent decrease. In the last 12 months it has risen by 8.9 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, all prices saw a decrease.

• Detached houses - Down to £451,139 from £451,874 in January
• Semi-detached houses - Down to £321,254 from £322,760 in January
• Terraced houses - Down to £264,490 from £266,323 in January
• Flats - Down to £174,030 from £174,415 in January

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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 £287,506 in February.

In cash terms, the average house price in February was £15,052 higher than a year earlier with house price growth accelerating to 5.5 per cent in February 2023. Prices were down by -1.0 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.

The above map can demonstrate which areas of Southampton are the most expensive for average house prices.