The average property value in Wyre is £200,837 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 Wyre grew by £12,037. Compare house prices by area
Average property prices in Wyre grew by 6.4% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 2.2% per year.
If prices in Wyre continue to rise by 2.2% a year, the average property price will be £218,994 in 2025.
There were 1,948 property sales in Wyre in the year ending June 2021, an increase of 241 when compared to the previous year.
The average price for a house in Wyre ranges from £127,353 for a terraced house to £296,602 for a detached house, with semi-detached in between costing on average £164,170.
The average price for a flat or maisonette in Wyre is £98,136.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Wyre, 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 17.1% from £253,263 to £296,602, semi-detached house prices have risen 19.9% from £136,921 to £164,170, terraced house prices have risen 14.3% from £111,466 to £127,353, and flat prices have fallen 3.2% from £101,405 to £98,136.
The most common type of property sold in Wyre during the year ending June 2021 was semi-detached houses, which accounted for 43.1% of properties.
The least commonly available type of property sold in Wyre were flats, which account for 5.3% of properties sold.
Of the properties sold in Wyre during 2021, 4.2% were new build properties.
The average price paid for a new build property in Wyre was £89,577 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 semi-detached houses (44% of existing properties sold).
The most common price band for property sales in Wyre is £100k - £150k, which accounted for 18.0% of properties sold in 2021.
0.1% of properties in Wyre 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 Wyre were in the under £50k price bracket, accounting for 0.4% 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