The 5 Bristol neighbourhoods where house prices are falling

Here are the areas in Bristol which have seen a fall in average sale prices

It’s been a difficult year for most people when it comes to buying and selling homes. With interests rates rising and mortgage products being pulled by the banks daily, it’s a nervous time as people also question whether house prices will fall.

Latest data from the UK House Price Index shows the average UK house price was £286,500 in April 2023, a slight rise from the previous month but £6,500 below the £293,000 all-time high recorded in September 2022.

However, in Bristol, figures from The Office for National Statistics show house prices remained stable in the 2022 calendar year, compared to 2021 - with just five neighbourhoods from right across the city seeing a fall in average sold prices. The average Bristol house price is now £349,005, Land Registry figures also show.

Here are those areas with falling house prices from 2021 to 2022: