Online Marketing Surgery and BLG Development Finance have created a house price change report using information from the Office for National Statistics.
The report outlines that a number of neighbourhoods in the Portsmouth area have seen a significant drop in house prices over a year period.
Please note - the images used are for illustration purposes only.
Explore the 11 areas that have seen the biggest decrease in property prices between 2023 and 2024:
5. Somerstown
Somerstown has seen a 24.4 per cent decrease in property prices with the median house price being £170,000 in 2024 compared to £225,000 in 2023. | Google
6. Paulsgrove
Paulsgrove has seen a 13.3 per cent decrease in property prices with the median house price being £280,000 in 2024 compared to £323,000 in 2023. | Google
7. Port Solent
Port Solent has seen a 13.3 per cent decrease in property prices with the median house price being £280,000 in 2024 compared to £323,000 in 2023. | Google
8. Southsea, Waverly Road
Southsea, Waverly Road, has seen a 11.2 per cent decrease in property prices with the median house price being £250,000 in 2024 compared to £281,593 in 2023. | Google