House prices in West Lancashire have soared by an average of over £9,000 in the month of March, according to figures from the Land Registry.
The latest data from the government department reveals that in March 2022 average house prices in West Lancashire reached £226,280.
This was up from £216,661 in February, representing a 4.4 per cent increase. In the last 12 months it has risen by 10.5 per cent.
How much have house prices increased in West Lancashire?
Breaking it down for specific types of housing, all prices saw an increase.
- Detached houses - Up to £358,116 from £342,362 in February
- Semi-detached houses - Up to £210,649 from £201,461 in February
- Terraced houses - Up to £154,101 from £148,026 in February
- Flats - Up to £114,721 from £110,678 in February
How do West Lancashire house prices compare to the UK average?
Despite the rise in prices this month, West Lancashire is still below the UK average with typical property value in the nations reaching £278,436 in March.
In cash terms, the average house price in March was £24,931 higher than a year earlier with house price growth accelerating to 9.8 per cent in March 2022. Prices were up by 0.3 per cent month on month.
How much could your house be worth?
We have created this map for the North West so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.
The above map can demonstrate which areas of West Lancashire are the most expensive for average house prices.
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