The average property value in Ribble Valley is £284,360 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 Ribble Valley grew by £17,761. Compare house prices by area
Average property prices in Ribble Valley grew by 6.7% 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 Ribble Valley continue to rise by 2.6% a year, the average property price will be £315,041 in 2025.
There were 1,087 property sales in Ribble Valley in the year ending June 2021, an increase of 72 when compared to the previous year.
The average price for a house in Ribble Valley ranges from £182,763 for a terraced house to £417,452 for a detached house, with semi-detached in between costing on average £235,100.
The average price for a flat or maisonette in Ribble Valley is £141,231.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Ribble Valley, terraced 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 22.1% from £341,837 to £417,452, semi-detached house prices have risen 14.4% from £205,464 to £235,100, terraced house prices have risen 25.4% from £145,734 to £182,763, and flat prices have risen 11.1% from £127,097 to £141,231.
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The most common type of property sold in Ribble Valley during the year ending June 2021 was detached houses, which accounted for 38.1% of properties.
The least commonly available type of property sold in Ribble Valley were flats, which account for 3.4% of properties sold.
Of the properties sold in Ribble Valley during 2021, 5.0% were new build properties.
The average price paid for a new build property in Ribble Valley was £78,651 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (79% of new build properties sold). For existing properties, the most common type is terraced houses (35% of existing properties sold).
The most common price band for property sales in Ribble Valley is £200k - £300k, which accounted for 17.1% of properties sold in 2021.
0.6% of properties in Ribble Valley 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 Ribble Valley were in the £50k - £100k price bracket, accounting for 1.0% 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