House prices in Burnley have gone down by an average of over £400 in the month of September, according to figures from the Land Registry.

Burnley is the cheapest area to buy a property in the entirety of the UK.

The latest data from the government department reveals that in September 2022 average house prices in Burnley reached £116,900.

This was down from £117,302 in July, representing a 1.4 per cent decrease. In the last 12 months it has risen by 11.8 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Burnley here.

How much have house prices decreased in Burnley?

Breaking it down for specific types of housing, all prices saw a decrease.

  • Detached houses - Down to £222,308 from £223,510 in July
  • Semi-detached houses - Down to £143,805 from £144,560 in July
  • Terraced houses - Down to £99,038 from £99,213 in July
  • Flats - Down to £74,025 from £74,981 in July

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How do Burnley house prices compare to the UK average?

The fall in prices this month means Burnley is still far below the UK average with typical property value in the nations reaching £294,559 in September.

In cash terms, the average house price in September was £25,556 higher than a year earlier with house price growth accelerating to 9.5 per cent in September 2022.  Prices were down by -0.0 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 Burnley are the most expensive for average house prices.