House prices in Southampton have gone down by an average of over £400 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 Southampton reached £238,903.

This was down from £239,371 in April, representing a 0.2 per cent decrease. In the last 12 months it has risen by 10.0 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, some prices saw an increase despite the general fall.

  • Detached houses - Down to £422,134 from £422,969 in April
  • Semi-detached houses - Down to £300,375 from £300,487 in April
  • Terraced houses - Up to £247,937 from £247,446 in April
  • Flats - Down to £164,472 from £165,600 in April

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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 £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 Southampton are the most expensive for average house prices.