House prices in Basingstoke and Deane have gone down by an average of over £2,000 in the month of May, according to figures from the Land Registry.
The latest data from the government department reveals that in May 2022 average house prices in Basingstoke and Deane reached £349,256.
This was down from £352,154 in April, representing a 0.8 per cent decrease. In the last 12 months it has risen by 11.4 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Basingstoke and Deane here.
How much have house prices decreased in Basingstoke and Deane?
Breaking it down for specific types of housing, all prices saw a decrease.
- Detached houses - Down to £619,330 from £625,938 in April
- Semi-detached houses - Down to £381,080 from £384,209 in April
- Terraced houses - Down to £292,272 from £293,452 in April
- Flats - Down to £186,996 from £189,415 in April
How do Basingstoke and Deane house prices compare to the UK average?
Despite the fall in prices this month, Basingstoke and Deane is still above the UK average with a typical property value in the nations reaching £283,496 in May.
In cash terms, the average house price in May was £32,210 higher than a year earlier with house price growth accelerating to 12.8 per cent in May 2022. Prices were up by 1.2 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 Basingstoke and Deane are the most expensive for average house prices.
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