The latest data from the government department reveals that in February 2023 average house prices in Winchester reached £503,889.

This was down from £508,699 in January, representing a 0.9 per cent decrease. In the last 12 months it has risen by 5.4 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 decreased in Winchester?

Breaking it down for specific types of housing, all prices saw a decrease.

• Detached houses - Down to £835,263 from £840,429 in January
• Semi-detached houses - Down to £503,207 from £508,777 in January
• Terraced houses - Down to £421,390 from £426,867 in January
• Flats - Down to £250,650 from £253,436 in January

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How do Winchester house prices compare to the UK average?

Despite the fall in prices this month, Winchester is still far above the UK average with a typical property value in the nations reaching £287,506 in February.

In cash terms, the average house price in February was £15,052 higher than a year earlier with house price growth accelerating to 5.5 per cent in February 2023. Prices were down by -1.0 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.

The above map can demonstrate which areas of Winchester are the most expensive for average house prices.