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House prices in Brighton and Hove: Average house prices rise by £6,000 in March Brighton News

House prices in Brighton and Hove rose by an average of more than £6,000 in the month of March, according to figures from the Land Registry.

The latest data from the Government Department reveals that in March 2022 average house prices in Brighton and Hove reached £426,554.

This figure was up from £419,915 in February, representing an increase of more than 1.6%. Over the past 12 months, it has increased by 9.1%.

Breaking them down for specific housing types, all prices saw an increase.

  • Individual houses – Up to £836,349 from £818,929 in February
  • Semi-detached houses – Up to £536,966 from £524,984 in February
  • Terraced houses – Up to £474,566 from £466,260 in February
  • Apartments – Up to £330,850 from £327,641 in February

The Argus: House prices in Brighton and Hove have risen again (PA)House prices in Brighton and Hove have risen further (PA)

Even comparing Brighton and Hove to the picture across the UK, the area is well above the UK average with typical property value across the country reaching £278,436 in March.

In cash terms, the average house price in March was £24,931 higher than a year earlier, with house price growth accelerating to 9.8% in March 2022. Prices rose by 0 .3% month-on-month.

We created this map for the Southeast so you can see the average house price in each neighborhood since 1995.

Sites like Zoopla can offer an estimate for your home if you enter your zip code on their website here.

The map above can show which areas of Brighton and Hove are the most expensive for average house prices.

More about this article: Read More
Source: www.theargus.co.uk
This notice was published: 2022-05-31 13:33:00

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