New data examining the UK housing market has shown that annual house price growth in Bristol slowed to 4.2 per cent in February. This means that compared to the previous year, house prices were on average selling for 4.2 per cent more compared to the previous year.
However, this growth is far less than the year-on-year comparison for February 2022, when price growth was at 9.9 per cent compared to February 2021. The average house price in Bristol now stands at £335,100, according to the new figures from Zoopla.
Statistics show that Bristol's property trends align with the national pattern across the UK, where house price growth slowed to 4.1 per cent, down from 9 per cent. a year ago. The average property price in the UK is at £259,700.