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 £217,100.

On average house prices in the North West increased by 2.5% or £5,340 over the last month.

Over the last year (last 12 calendar months) average house prices in the North West increased by 18.1% or £33,280.

However, across the North West, there is a significant spread of house prices at the Local Authority level ranging from £120,000 in Burnley to £363,300 in Trafford.

North West average house prices by local authority

We show in the chart below the average house price 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 £363,300

South Lakeland, where the average house costs £298,300, and

Stockport where you can buy the average home for £292,400

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

Burnley where you can snap up the average home for £120,000

Pendle with average house prices of £129,900, and

Hyndburn where the average house will set you back £133,700

North West house price winners last month (percentage)

Across the North West increased by 2.5% over the last month, however, within the North West not all house prices increased by the same amount.

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

Hyndburn where average house prices increased by 6.5%,

Copeland where average house prices rose by 4.5%,

Blackburn with Darwen where average house prices rose by 4.3%

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.

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:

South Lakeland where house prices climbed by £10,810,

Hyndburn where house prices increased by £8,210,

Fylde where house prices rose by £8,210

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 18.1%

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

Hyndburn with average house prices up 16.4%,

St. Helens, which has seen house prices increase by 16.4% over the last twelve months, and

Warrington where house prices have risen, on average, by 16.3%

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 £33,280. We show the areas where house prices increased the most in the North West below

Trafford which has seen house prices increase by £42,290,

Warrington with house prices gains of £36,210,

Ribble Valley where house prices have risen, on average, by £34,880

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:

Eden where average house prices dropped by 1.3%,

Pendle where average house prices fell by 0.8%,

Chorley where average house prices were up 0.1%

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:

Eden which saw house price fall, on average, by £3,520,

Pendle where average house prices fell by £1,110,

Barrow-in-Furness where house prices were up £140

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 18.1% 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:

Pendle where house prices have risen by 4.4%,

Chorley, with average house price inflation of 6.1%, and

Barrow-in-Furness with house price inflation at 6.4%

We show the percentage change in house prices over the last twelve months across every Local Authority in the South East 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 £33,280, 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:

Pendle which has seen house prices up by £5,470,

Barrow-in-Furness with house prices rise of £8,810,

Chorley where house prices have increased, on average, by £12,730

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