A dramatic divide in Britain’s housing market has been revealed, with Hungerford in Berkshire experiencing a 40.8 percent increase in house prices against a backdrop of a 1.8 percent national decrease.

The sleepy village of Hungerford (RG17 7) was highlighted as the extreme end of the UK property market fluctuations in a 2023 analysis by the Telegraph.

The Telegraph’s house price calculator, focusing on 8000 postcode sectors, showed vast variations.

On the opposite end to Hungerford, there was a significant fall in property prices in the SL5 postcodes in Ascot where prices dropped up to 30.2 percent and RG20 9 postcode in Compton where prices dropped 31.9 percent.

Hungerford, famous for its beautiful sprawling countryside, boosts picturesque surroundings with excellent transport links to Reading and London by train.

This has made the town an excellent village for people wishing to commute and yet still have that quiet life in the country.

According to the Telegraph analysis, the charming Berkshire village saw property transactions averaging a value of £727,894 in 2023, a substantial 40.8 percent rise on the previous year.

Here are the top 5 postcodes which saw a rise in property prices across Berkshire between 2022 and 2023.

RG17 7 – Hungerford

40.8%

2023 average price £727,894

2022 average price £517,005

RG20 7 – Chieveley, Compton

35.6 %

2023 average price – £817, 583

2022 average price – £602,969

RG17 9 – Hungerford

26.8%

2023 average price - £697,327

2022 average price - £549,753

RG19 8 – Thatcham    

20.4%

2023 average price - £789,327

2022 average price - £655,593

SL6 5 – Bray

25.7%

2023 average price - £775,737

2022 average price – 617.229

Areas which saw a fall in property prices

RG20 9 – Chieveley, Compton

- 31.9 percent

2023 average price - £734,501

2022 average price - £1,078,053

Sl5 0 – Ascot, Burleigh, Cheapside

-30.2%

2023 average price - £1,063,615

2022 average price - £742,289

RG41 4 – Winnersh, Woosehill

22.7 %

2023 average price – £567, 365

2022 average price – £3734, 305

SL3 6 – Colnbrook, Datchet

- 23.0%

2023 average price - £553,800

2022 average price – £719,071

SL4 1 – Voveney, Clewer, Cranbourne

23.0%

2023 average prices - £552,312

2022 average price - £717,367