House prices in Rossendale have gone up by an average of over £4,000 in the month of July, according to figures from the Land Registry.
The latest data from the government department reveals that in July 2022 average house prices in Rossendale reached £190,521.
This was up from £185,803 in June, representing over a 2.5 per cent increase. In the last 12 months it has risen by 10.3 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Rossendale here.
How much have house prices increased in Rossendale?
Breaking it down for specific types of housing, all prices saw an increase.
- Detached houses - Up to £316,504 from £310,050 in June
- Semi-detached houses - Up to £200,407 from £195,069 in June
- Terraced houses - Up to £149,297 from £145,445 in June
- Flats - Up to £125,080 from £122,054 in June
How do Rossendale house prices compare to the UK average?
Despite the rise in prices this month, Rossendale is still well below the UK average with typical property value in the nations reaching £292,118 in July.
In cash terms, the average house price in July was £39,157 higher than a year earlier with house price growth accelerating to 15.5 per cent in July 2022. Prices were up by 2.0 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 Rossendale are the most expensive for average house prices.
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