Cambridge house prices have fallen considerably since the UK voted to leave the European Union.

Land Registry findings show that Cambridge prices have fallen by 4.7 per cent between June 2016 - when the average price was £441,530 - and March 2017, when the average fell to £420,734.

This compares to a UK house price growth over the same period of 0.3 per cent.

Before the vote, Cambridge had seen a rise in prices, up from £429,781 in January 2016, but this trend reversed from June onwards.

In contrast, the housing market in the rest of Cambridgeshire has done much better, outperforming the UK average.

South and East Cambridgeshire saw a rise of 5.5 per cent between last June, while there was a jump of 6.6 per cent in Fenland.

House prices in the UK were 4.1 per cent higher this March than in 2016 at an average price of £215,848.

Having said that, much of the growth happened in the months before Brexit, as prices across the UK have mostly stagnated since June.

The average price in June was £215,182, meaning prices have only risen by 0.3 per cent, or £666, in nine months.

In comparison, the first six months of 2016 saw house prices rise by 4.7 per cent, or £9,725.

Across the UK, prices have risen in 278 local authorities since the Brexit vote, but fallen in 111, or 29 per cent.

City of London, down 13.7 per cent, Eilean Siar in Scotland, down 9.7 per cent, and Aberdeen, down 8.9 per cent, have seen the biggest falls over the nine months, although areas with low numbers of sales will see more volatile prices.

The Orkney Islands, up 14.8 per cent, and Kensington and Chelsea, up 14.1 per cent, have seen the biggest price increases over the period.

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