House prices in Brighton and Hove: the areas where average prices increased the most in the last year despite Covid crisis.
The coronavirus pandemic caused an unprecedented economic shock in the UK, closing businesses and putting people out of work left, right and centre.
But despite that, average house prices held up across England – even if there was a drop in sales.
It was the same picture in Brighton and Hove where prices rose by 3.2 per cent in the year to September 2020. Across the South East, prices rose by 3.4 per cent.
In Brighton and Hove, the average price of a house went from £414,777 to £428,074. Overall, 3,009 houses changed hands in Brighton and Hove between October 2019 and September 2020, a drop of 17.3 per cent from 3,637 between October 2018 and September 2019.
The Office for National Statistics (ONS) also publishes house price figures by Middle Layer Super Output Areas (MSOAs) – small geographic areas containing an average of 7,200 people.
These show that 21 of the 33 MSOAs that make up Brighton and Hove saw a rise in house prices over the same period.
Here we reveal the 12 Brighton and Hove neighbourhoods which saw the strongest growth in the year to September 2020.
As well as those below in the top 12, the following areas saw growth in the average house prices: Hove Central (up 5%) Elm Grove and Bear Road (3.7%), Round Hill (3%), West Blatchington (3%), Preston Park (2.9%), Fiveways (2.8%), Hangleton South (2.4%), Aldrington (2.1%) and Bevendean and Moulsecoomb East (0.9%).