The average property value in West Lancashire is £244,902 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 West Lancashire grew by £25,966. Compare house prices by area
Average property prices in West Lancashire grew by 11.9% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 2.5% per year.
If prices in West Lancashire continue to rise by 2.5% a year, the average property price will be £270,228 in 2025.
There were 1,449 property sales in West Lancashire in the year ending June 2021, an increase of 31 when compared to the previous year.
The average price for a house in West Lancashire ranges from £129,276 for a terraced house to £361,049 for a detached house, with semi-detached in between costing on average £197,828.
The average price for a flat or maisonette in West Lancashire is £145,141.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in West Lancashire, semi-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 20.2% from £300,363 to £361,049, semi-detached house prices have risen 26.9% from £155,918 to £197,828, terraced house prices have risen 11.6% from £115,805 to £129,276, and flat prices have fallen 7.1% from £156,237 to £145,141.
The most common type of property sold in West Lancashire during the year ending June 2021 was detached houses, which accounted for 38.5% of properties.
The least commonly available type of property sold in West Lancashire were flats, which account for 4.0% of properties sold.
Of the properties sold in West Lancashire during 2021, 2.5% were new build properties.
The average price paid for a new build property in West Lancashire was £12,208 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (72% of new build properties sold). For existing properties, the most common type is semi-detached houses (39% of existing properties sold).
The most common price band for property sales in West Lancashire is £200k - £300k, which accounted for 18.3% of properties sold in 2021.
0.3% of properties in West Lancashire 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 West Lancashire were in the under £50k price bracket, accounting for 0.1% 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