House prices in Winchester have gone up by an average of over £500 in the month of December, according to figures from the Land Registry.

The latest data from the government department reveals that in December 2022 average house prices in Winchester reached £498,032.

This was up from £497,464 in November, representing a 0.1 per cent increase. In the last 12 months it has risen by 6.2 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Winchester here.

How much have house prices increased in Winchester?

Breaking it down for specific types of housing, some prices saw a fall despite the general increase.

  • Detached houses - Down to £822,407 from £822,518 in November
  • Semi-detached houses - Up to £498,178 from £497,446 in November
  • Terraced houses - Up to £417,902 from £417,602 in November
  • Flats - Up to £248,531 from £247,175 in November

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How do Winchester house prices compare to the UK average?

Even when comparing Winchester to the picture across the UK, the area is far above the UK average with a typical property value in the nations reaching £294,329 in December.

In cash terms, the average house price in December was £26,214 higher than a year earlier with house price growth accelerating to 9.8 per cent in December 2022. Prices were down by -0.4 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 Winchester are the most expensive for average house prices.