Some parts of England have seen house prices rocket by as much as 50% or more in just a year, analysis of official figures shows.
Almost three quarters of neighbourhoods in England saw an increase in property prices in the year to September 2022, but some have seen hundreds of thousands of pounds added onto the average sale price.
Property price data published in the UK House Price Index (HPI) shows the average price for a home in England was £312,513 in September 2022, a 9% increase on the previous year when the average property cost £286,832.
Figures for September 2022 show the average property price in England was £307,710, more than £25,000 more expensive than a year before.
How do property prices compare across Peterborough? Here we reveal the 22 areas with the fastest rising and falling prices.
As the figures cover small areas, average house prices can fluctuate due to low sales numbers and can be heavily influenced by factors such as a new development in the area.
. Peterborough property prices ranked
Where are the areas of Peterborough where property prices are rising fastest? Sam Foster - stock.adobe.com Photo: Sam Foster - stock.adobe.com
. Peterborough Central
Average house price Sep 2021: £150,000
Average house price Sep 2022: £140,000
Difference in price: -6.7%. Photo: Peterborough Telegraph
. West Town and Woodston
Average house price Sep 2021: £212,000
Average house price Sep 2022: £200,000
Difference in price: -5.7%. Photo: Peterborough Telegraph
. Longthorpe and Netherton
Average house price Sep 2021: £348,000
Average house price Sep 2022: £330,000
Difference in price: -5.2%. Photo: Peterborough Telegraph
. Glinton, Northborough and Maxey
Average house price Sep 2021: £315,000
Average house price Sep 2022: £302,500
Difference in price: -4.0%. Photo: David Lowndes
. Werrington
Average house price Sep 2021: £217,000
Average house price Sep 2022: £210,000
Difference in price: -3.2%. Photo: Peterborough Telegraph
. Hampton Vale
Average house price Sep 2021: £269,745
Average house price Sep 2022: £262,250
Difference in price: -2.8%. Photo: Peterborough Telegraph
1. Peterborough property prices ranked
Where are the areas of Peterborough where property prices are rising fastest? Sam Foster - stock.adobe.com Photo: Sam Foster - stock.adobe.com
2. Peterborough Central
Average house price Sep 2021: £150,000
Average house price Sep 2022: £140,000
Difference in price: -6.7%. Photo: Peterborough Telegraph
3. West Town and Woodston
Average house price Sep 2021: £212,000
Average house price Sep 2022: £200,000
Difference in price: -5.7%. Photo: Peterborough Telegraph
4. Longthorpe and Netherton
Average house price Sep 2021: £348,000
Average house price Sep 2022: £330,000
Difference in price: -5.2%. Photo: Peterborough Telegraph