House prices in South Tyneside: the eight neighbourhoods with the fastest falling prices

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.

The Office for National Statistics publishes localised house price figures, based on the HPI, breaking England into 6,809 neighbourhoods known as middle-layer super output areas.

In total 71% of these neighbourhoods in England saw an increase in average house price, but elsewhere in the country some parts of towns and cities across the UK have seen prices fall.

Here we reveal which neighbourhoods in South Tyneside have seen the greatest decrease in property prices in the last year. Images are for illustrative purposes only.

Read South Tyneside's news on the go with our free email newsletters - bringing the headlines to your inbox. Catch up on the day's news and sport and enjoy even more from your Gazette. Visit our website here to find out more and sign up.