In Bristol, prices were down by 0.8 per cent in the year to March, the biggest annual drop since a 1.4 per cent fall in the year to November 2011.
The average house price in the area is now £274,351 – meaning prices are, on average, £2,177 lower than in March 2018.
A year before the average price of a house in the area was £276,528.
Average house prices in the UK increased by 1.4 per cent in the year to March, up from 1 per cent in February.
Over the past three years there has been a general slowdown in UK house price growth driven mainly by a slowdown in the south and east of England.
The lowest annual growth was in London, where prices fell by 1.9 per cent over the year to March, although this was an improvement from a fall of 2.7 per cent in February.
The average UK house price was £227,000 in March. This is £3,000 higher than the same period a year ago (March 2018).
The average house price in England increased by 1.1 per cent over the year to March, up slightly from 1 per cent in February, with the average house price in England now £243,000.
House prices in Scotland increased by 3.3 per cent in the year to March, up from 0.5 per cdent in the year to February, with the average house price in Scotland now £149,000.
House price growth in Wales, increased by 3.0 per cent in the year to March, down from 3.6 per cent in February with the average house price at £159,000.
Yorkshire and the Humber showed the highest annual growth, with prices increasing by 3.6 per cent in the year to March 2019, this was followed by the West Midlands (3.4 per cent)
Across England, semi-detached houses showed the biggest increase, rising by 2.5 per cent in the year to March 2019 to £229,000.
In comparison, the average price of flats and maisonettes fell by 0.8% in the year to March 2019 to £222,000.
Falling prices over the year in England flats and maisonettes was driven by negative growth in London for this property type. London accounts for around 30% of England flats and maisonette transactions.
By Daniel Chipperfield