The average property value in North West England is £228,895 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 North West England grew by £26,736. Compare house prices by area
Average property prices in North West England grew by 13.2% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 3.8% per year.
If prices in North West England continue to rise by 3.8% a year, the average property price will be £266,050 in 2025.
The most expensive property values in North West England are found in Cheshire East, and the cheapest property values are found in Blackpool.
There were 98,264 property sales in North West England in the year ending June 2021, an increase of 4,040 when compared to the previous year.
The average price for a house in North West England ranges from £153,034 for a terraced house to £374,261 for a detached house, with semi-detached in between costing on average £216,804.
The average price for a flat or maisonette in North West England is £161,627.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in North West England, terraced house prices have risen the most between the years ending 2011 and 2021, and detached house prices have grown the least.
Detached house prices have risen 33.6% from £280,136 to £374,261, semi-detached house prices have risen 40.8% from £153,982 to £216,804, terraced house prices have risen 42.3% from £107,533 to £153,034, and flat prices have risen 35.4% from £119,355 to £161,627.
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The most common type of property sold in North West England during the year ending June 2021 was semi-detached houses, which accounted for 36.4% of properties.
The least commonly available type of property sold in North West England were flats, which account for 8.7% of properties sold.
Of the properties sold in North West England during 2021, 2.0% were new build properties.
The average price paid for a new build property in North West England was £29,353 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (46% of new build properties sold). For existing properties, the most common type is semi-detached houses (37% of existing properties sold).
The most common price band for property sales in North West England is £200k - £300k, which accounted for 14.3% of properties sold in 2021.
0.3% of properties in North West England had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in North West England were in the under £50k price bracket, accounting for 0.5% of sales.
The cheapest property prices in North West England are found in Blackpool, where the average cost of a property is £130,973. Between the years ending June 2020 and June 2021, property prices have changed by 3.4% in Blackpool (compared to 13.2% in North West England)
Average property price
YoY change in price
|1|| Blackpool |
|2|| Blackburn with Darwen |
|3|| Halton |
|4|| Lancashire |
|5|| Merseyside |
The most expensive property values in North West England are found in Cheshire East, where the average property price is £330,302. Between the years ending June 2020 and June 2021, property prices have changed by 13.4% in Cheshire East (compared to 13.2% in North West England)
Average Property Price
YoY CHANGE in PRICE
|1|| Cheshire East |
|2|| Cheshire West and Chester |
|3|| Warrington |
|4|| Greater Manchester |
|5|| Cumbria |
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