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Top 10 UK places to suffer biggest house price slump

While house prices rose modestly on average last year, 21.7% of all local authority areas saw declines

While house prices rose modestly on average last year, 21.7% of all local authority areas saw declines.

Gatehouse Bank analysed recently released Land Registry data to discover the average performance of house prices in 2018 in locations throughout the UK.

The financial services firm's chief executive Charles Haresnape said: 'Poor performances like that seen in Aberdeen, which fell 6.5%, are proof that the cocktail of economic uncertainty, lack of housing supply and a raft of buyer incentives and cheap borrowing are creating a heady mix of outcomes across the country.'

We share the 10 locations that saw the biggest proportional drops in average house prices, excluding London.

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While house prices rose modestly on average last year, 21.7% of all local authority areas saw declines.

Gatehouse Bank analysed recently released Land Registry data to discover the average performance of house prices in 2018 in locations throughout the UK.

The financial services firm's chief executive Charles Haresnape said: 'Poor performances like that seen in Aberdeen, which fell 6.5%, are proof that the cocktail of economic uncertainty, lack of housing supply and a raft of buyer incentives and cheap borrowing are creating a heady mix of outcomes across the country.'

We share the 10 locations that saw the biggest proportional drops in average house prices, excluding London.

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10= Harlow

Dec 2018: £272,324

£ change YoY): -£4,712

% change YoY: ↓1.7%

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10= Barrow-in-Furness

Dec 2018: £115,481

£ change YoY: -£2,028

% change YoY: ↓1.7%

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8. Basingstoke

Dec 2018: £301,158

£ change YoY: -£5,815

% change YoY: ↓1.9%

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7. Darlington

Dec 2018: £301,158

£ change YoY: -£5,815

% change YoY: ↓2%

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6. Blackburn

Dec 2018: £108,379

£ change YoY: -£2,535

% change YoY: ↓2.3%

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5. Conwy

Dec 2018: £159,589

£ change YoY: -£4,464

% change YoY: ↓2.7%

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4. Watford

Dec 2018: £350,868

£ change YoY: -£11,149

% change YoY: ↓3.1%

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3. St Albans

Dec 2018: £501,817

£ change YoY: -£27,031

% change YoY: ↓5.1%

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2. Eastbourne

Dec 2018: £228,774

£ change YoY: -£14,324

% change YoY: ↓5.9%

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1. Aberdeen

Dec 2018: £152,799

£ change YoY: -£10,708

% change YoY: ↓6.5%

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