House prices rise in Portsmouth, Gosport and Winchester but fall in Havant and Fareham

THE latest figures show a mixed bag for people selling their homes across the News area.
House prices increased in Portsmouth in May, new figures show. Picture : Rui Vieira/PA WireHouse prices increased in Portsmouth in May, new figures show. Picture : Rui Vieira/PA Wire
House prices increased in Portsmouth in May, new figures show. Picture : Rui Vieira/PA Wire

Data from the Land Registry reveal how house prices have changed in the city and the surrounding towns.

Figures showed that there was a 1.5 per cent increase in Portsmouth between April and May.

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During the month the average house price in the city was £216,463.

The boost contributes to the longer-term trend, which has seen property prices in the area grow by 2.9 per cent in a year.

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Over the last year, the average sale price of property in Portsmouth rose by £6,100.

House prices in Gosport also increased in May, rising by one per cent from April

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Land Registry figures show that the average price paid for a home in the area during the month was £214,343.

The data also shows that property prices in Gosport have increased by 4.3 per cent over the last year, with the average sale rising by £8,800.

It was less good news for homesellers in other parts of the area.

The average house price dropped by 0.9 per cent in Fareham in May, while Havant saw a fall of 3.4 per cent from April.

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Across the south east prices decreased by 1.1 per cent, compared to a 0.3 per cent rise across the UK.

The average Fareham house price in May was £293,943, Land Registry figures show, but property prices in the area suffered a 0.5 per cent annual decline.

In Havant the average price paid during the month was £258,401.

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Despite the drop in May, the property prices in the area have experienced 0.1 per cent annual growth and the average sale price rose by £220 during that time period.

The figures also showed that house prices remained steady in East Hampshire in May, with the average price paid during the month being £377,625.

Land Registry figures however show that over the last year property prices in the area have grown by 3.4 per cent with the average sale price rising by £12,000.

In the Winchester City Council area house prices increased by 1.4 per cent in May, with the average price of £437,807 paid during the month.

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