House price winners and losers South West

The latest data from the Land Registry reveals that the average house price in the South West of England is currently £313,830.
On average house prices in the South West of England increased by 0.1% or £370 over the last month
Over the last year (last 12 calendar months) average house prices in the South West of England increased by 10.9% or £30,940.
However, across the South West of England, there is a big spread of house prices at the Local Authority level ranging from £210,000 in the City of Plymouth to £477,000 in the Cotswolds. The average price of a home in the Cotswolds is more than two times the average house price of a home in the City of Plymouth.
Average house prices across the South West of England
We show in the chart below the average house price for every local authority across the South West of England
The three most expensive areas for house prices in the South West are:
The Cotswolds where average house prices are £477,000
Bath and North East Somerset where average house prices are £424,000, and
South Hams with average house prices of £384,000
The three least expensive areas for house prices in the South East are:
The City of Plymouth with an average house price of £210,000
Gloucester where average house prices are £235,000, and
Torbay with average house prices at £250,000

South West house prices winners last month (percentage house price rises)
Across the South West of England house prices increased on average by 0.1% last month. However, the housing market in the South West which saw the biggest relative house price increase was in Tewkesbury, where house prices increased by 3.6% last month.
In second place, average house prices increased by 3.2% in South Somerset, and
In the Forest of Dean average house prices increased by 2.3%
We show in the chart below the hottest 25 housing markets across the South West of England where house prices increased the most in percentage terms over the last month.

South West absolute house price winners this month
When looking at absolute (monetary) house price rises across the South West last month, we saw the biggest house price increases in Tewkesbury, up £11,540, South Somerset, where house prices increased by £8,980 and the Forest of Dean, where house prices rose by £6,840.
We show the 25 best performing housing markets over the last month across the South West in the chart below.

South West relative house price winners last 12 months
House prices have increased significantly over the last 12 months in many areas of the South West of England.
The biggest relative increases in house prices across the South West over the last year are:
Torridge, where house prices have increased, on average by 20.8% over the last 12 months,
North Devon, where average house prices have increased by 19.0%, and
Torbay, where average house prices have increased by 15.6%
We show the top 25 housing markets, where house prices have increased the most on a relative (percentage) basis across the South West of England in the chart below

South West absolute house price winners last 12 months
Turning to absolute, or monetary increases in house prices across the South West of England over the last 12 months, house prices increased the most in the Cotswolds, up £62,290. House prices in Bath and North East Somerset have increased by £53,020 over the last year and house prices in Torridge are up, on average, by £52,460.
We show the South West's top 25 housing markets in terms of absolute house price increases over the last 12 months in the chart below.

South West relative house price losers last month
House prices fell in several areas of the South West of England last month. The biggest relative (percentage) falls in house prices were seen in West Devon, where house prices fell by 3.9%. House prices fell by 2.3% in North Devon and by 1.7% in Cheltenham.
We show in the chart below the top 25 relative house prices losers across the South West of England last month.

South West absolute house price losers last month
In absolute (monetary) terms, the biggest house price falls last month in the South West of England were in Wet Devon, where house prices fell by £11,860. House prices in North Devon fell by £7,460 and house prices in Cheltenham fell, on average, by £5,570.
We show in the graph below the top 25 house price losers across the South West of England over the last month, in absolute terms

South West relative house price losers last 12-months
Over the last 12 months, none of the main housing markets in the South West of England has seen house prices fall, but not all housing markets have seen house prices rise by the same amount.
Those areas in the South West where house prices have risen the least in percentage terms over the last 12 months are:
West Devon, where house prices have increased by 5.7% over the last 12 months.
South Hams where house prices have risen by 8.5% over the last year, and
The City of Bristol where average house prices have increased by 9.0% over the last 12 months
We show in the chart below the top 25 relative house price losers across the South West of England over the last year (last 12 months).

South West absolute house price losers last 12-months
Over the last 12 months, average house prices in the South West of England have risen in all of its local authorities. House prices in the South Wast of England have risen the least in absolute (monetary) terms in:
West Devon, where average house prices have increased by £15,920 over the last 12 months
The City of Plymouth, where average house prices have gone up by £20,640 during the last 12 months, and
The Gloucester, where average house prices have risen by £21,180 over the last 12 months
We show in the graph below the top 25 absolute house price losers across the South West of England over the last 12 months.
