House price winners and losers North West

The latest data from the Land Registry reveals that the average house price in the North West is currently £211,800.

On average house prices in the North West decreased by 1.3% or £2,850 over the last month.

Over the last year (last 12 calendar months) average house prices in the North West increased by 5.2% or £10,410.

However, across the North West, there is a significant spread of house prices at the Local Authority level ranging from £115,500 in Burnley to £360,800 in Trafford.

Why house prices won't crash this year

North West average house prices by local authority

We show in the chart below the average house prices for every local authority across the North West.

The three most expensive areas for house prices in the North West are:

Trafford where average house prices are £360,800

Stockport, where the average house costs £301,600, and

Cheshire East where you can buy the average home for £292,500

The three least expensive areas for house prices in the North West are:

Burnley where you can snap up the average home for £115,500

Hyndburn with average house prices of £126,700, and

Blackpool where the average house will set you back £130,400

North West house price winners last month (percentage)

Across the North West decreased by 1.3% over the last month, however, within the North West not all house prices decreased by the same amount.

Over the last month house prices in the North West increased the most in percentage terms in:

Wyre where average house prices increased by 1.2%,

Preston where average house prices rose by 1.1%,

Blackburn with Darwen where average house prices were up by 1.1%

The chart below shows the hottest 25 housing markets across the North West where house prices increased the most in percentage terms over the last month. Do you live in one of the hottest housing markets in the North West?

North West absolute house price winners last month

When we look at the absolute (monetary) house price rises across the North West last month, we saw the biggest house price increases in:

Wyre where house prices climbed by £2,200,

Preston where house prices increased by £1,810,

Blackburn with Darwen where house prices rose by £1,580

North West relative house price winners last 12 months

House prices have increased significantly over the last 12 months in many areas of the North West. On average across the North West house prices have increased by 5.2%

The biggest house price winners in percentage terms across the North West over the last year are listed below:

Fylde with average house prices up 14.3%,

St. Helens, which has seen house prices increase by 11.2% over the last twelve months, and

Rochdale where house prices have risen, on average, by 10.1%

We show the top 25 housing markets, where house prices have increased the most on a relative (percentage) basis across the North West in the chart below:

North West absolute house price winners last 12 months

Turning to the absolute or monetary increases in house prices across the North West over the last 12 months, on average house prices increased by £10,410. We show the areas where house prices increased the most in the North West below

Fylde which has seen house prices increase by £30,900,

Stockport with house prices gains of £21,270,

Warrington where house prices have risen, on average, by £20,700

We show the North West's top 25 housing markets in terms of absolute house price increases over the last 12 months in the chart below.

North West relative house price losers last month

Unfortunately, house prices did not rise in every area of the North West last month. The biggest relative house prices losers last month were:

Rossendale where average house prices dropped by 6.6%,

Hyndburn where average house prices fell by 4.1%,

Pendle where average house prices were down 3.0%

We show the percentage changes in house prices for each local authority across North West in the chart below

North West absolute (monetary) house prices losers last month

In monetary terms, house prices in the North West fell or increased the least in:

Rossendale which saw house price fall, on average, by £12,920,

Cheshire West and Chester where average house prices fell by £7,060,

Hyndburn where house prices were down £5,430

We show the monetary change in average house prices across each Local Authority across North West in the chart below:

North West relative house price losers last year

Whilst the average house prices in the North West increased by 5.2% over the last twelve months, not all areas of the North West performed as well.

At the bottom end of the North West's annual house price table are:

Blackpool where house prices have risen by 0.7%,

Hyndburn, with average house price inflation of 1.8%, and

Chorley with house price inflation at 2.6%

We show the percentage change in house prices over the last twelve months across every Local Authority in the North West in the chart below

North West absolute house prices losers last 12 months

Finally turning to the monetary or cash changes to house prices in the North West over the last year. Average house prices across the North West increased by £10,410, but not all areas of the North West performed as well. The areas which saw the worst house price performance in the North West over the last year were:

Blackpool which has seen house prices up by £970,

Hyndburn with house prices rise of £2,220,

Chorley where house prices have increased, on average, by £5,730

We show in the chart below the areas of the North West with the worst absolute house price performance over the last 12 months.