The average property value in Hyndburn is £125,794 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Hyndburn grew by £2,706. Compare house prices by area
Average property prices in Hyndburn grew by 2.2% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 2.6% per year.
If prices in Hyndburn continue to rise by 2.6% a year, the average property price will be £139,210 in 2025.
There were 1,099 property sales in Hyndburn in the year ending June 2021, a decrease of 10 when compared to the previous year.
The average price for a house in Hyndburn ranges from £87,692 for a terraced house to £228,253 for a detached house, with semi-detached in between costing on average £153,902.
The average price for a flat or maisonette in Hyndburn is £64,204.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Hyndburn, detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 25.0% from £182,587 to £228,253, semi-detached house prices have risen 22.4% from £125,686 to £153,902, terraced house prices have risen 15.3% from £76,046 to £87,692, and flat prices have fallen 13.7% from £74,360 to £64,204.
The most common type of property sold in Hyndburn during the year ending June 2021 was terraced houses, which accounted for 57.7% of properties.
The least commonly available type of property sold in Hyndburn were flats, which account for 1.3% of properties sold.
Of the properties sold in Hyndburn during 2021, 3.5% were new build properties.
The average price paid for a new build property in Hyndburn was £32,621 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was terraced houses (50% of new build properties sold). For existing properties, the most common type is terraced houses (61% of existing properties sold).
The most common price band for property sales in Hyndburn is £50k - £100k, which accounted for 23.6% of properties sold in 2021.
The cheapest properties in Hyndburn were in the under £50k price bracket, accounting for 3.3% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics