Property prices have risen by more than 39% between December 2014 and 2019 in one area
The 10 places in Hampshire which have seen the largest jump in house prices in the past five years have been revealed.
The data, provided by property site Zoopla and Hometrack, shows the increases in property prices between December 2014 and December 2019.
The largest hike in costs was an increase of more than 39% over the five-year period.
A variety of contributing factors cause house prices to rise including variations in demand and supply. Higher average earnings, full employment levels and changes in the number of available homes may also account for house price growth.
In ascending order, here are the 10 areas in Hampshire’s that have experienced the biggest jump in house prices, according to Zoopla.
This postcode includes Cliddesden, Dummer, Overton, Farleigh Wallop and North Waltham.
Average price December 2014: £382,700
Average price December 2019: £473,100
In joint 10th place is RG25 where house prices increased by £90,700.
A three-bedroom detached house is on the market for £420,000 in Overton.
This postcode includes Lyndhurst, Minstead, Bramshaw, Fritham and Newtown. It is around 13km west of Southampton.
Average price December 2014: £408,100
Average price December 2019: £504,500
SO43 is in joint tenth place. Between 2014 and 2019 house prices increased by £96,400.
A one-bedroom cottage is on the market for £169,950.
This postcode includes Twyford, Colden Common, Sutton Scotney, and Owslebury.
Average price December 2014: £395,400
Average price December 2019: £502,800
SO21 came in joint eighth place with SO20. Both areas increased in prices by 27.2%. SO21 saw prices lift by £107,400.
A two-bedroom cottage in the area is on the market for £385,000.
This postcode includes Chilbolton, Broughton, Longstock, King’s Somborne and Stockbridge. It is 16km west of Winchester.
Average price December 2014: £399,800
Average price December 2019: £508,800
SO20 saw house prices increase by £109,000. A two-bedroom semi-detached home in Stockbridge is on the market for £345,000.
This postcode includes Hook, Hartley Wintney, Eversley, Mattingley and Rotherwick.
Average price December 2014: £364,300
Average price December 2019: £464,800
RG27 came in sixth place where house prices have jumped by £100,500 since 2014.
A modern one-bedroom maisonette is on the market for £240,000 in Hartley Wintney.
This postcode includes Odiham, Greywell, South Warnborough and Long Sutton.
Average price December 2014: £414,800
Average price December 2019: £533,300
RG29 came in fifth place in the ranking. Property prices increased by £118,500.
A grade II listed two-bedroom cottage in Odiham is on the market for £405,000.
This postcode includes part of Winchester, Pitt and Littleton and Harestock.
Average price December 2014: £352,200
Average price December 2019: £462,700
In fourth place is SO22. Between December 2014 and 2019 house prices increased by £110,500.
A one-bedroom terrace house is on the market at £235,000.
This postcode includes Lymington, Brockenhurst, East Boldre, Beaulieu, Hill Top and Setley.
Average price December 2014: £482,000
Average price December 2019: £643,800
In third place is SO42 which experienced a £161,800 price jump between 2014 and 2019.
A two-bedroom detached cottage in the area is on the market for £375,000.
This postcode includes New Alresford, Ropley, Monkwood, Cheriton, Old Alresford, and Bramdean. It is 12km east of Winchester.
Average price December 2014: £381,400
Average price December 2019: £510,400
In second place is SO24 where property prices increased by £129,000.
A three-bedroom semi-detached house in Ropley is available for £350,000.
This postcode includes parts of Petersfield, Buriton, South Harting, East Harting and Rogate. This area topped the Hampshire table and has seen the highest jump in house prices since 2014.
Average price December 2014: £332,800
Average price December 2019: £463,700
A two-bed cottage a short walk from Petersfield in the GU31 postcode area is on the market for £265,000.
House prices in the area rose by £130,900 between December 2014 and 2019.
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