Lancashire property prices

The average property price in Lancashire county is £186k. The average price increased by £2.1k (1%) over the last twelve months. The price of an established property is £185k. The price of a newly built property is £239k. There were 22.3k property sales and sales increased by 1.7% (432 transactions). Most properties were sold in the £100k-£150k price range with 5778 (25.9%) properties sold, followed by £150k-£200k price range with 4595 (20.6%) properties sold.

April 2021 - March 2022

Lancashire county

England and Wales

£186k

average property price

£337k

average property price

1%

average price percentage change

1%

average price percentage change

£2.1k

average price change

£3.4k

average price change

Lancashire house prices map

This price map shows the average property price in a given postcode sector between April 2021 - March 2022. The most affordable place was 'BB5 1' with the average price of £63.8k. The most expensive place was 'L40 3', £656k.

Lancashire house prices map

Lancashire house prices compared to other counties

Comparison of the average property price and an average price percentage change by county. Price % change compares the average property price between April 2021 - March 2022 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in county.

Lancashire house prices compared to other countiesAverage price percentage change
Average property price

Lancashire house price rank

With the average price of £186k, Lancashire is the 5. cheapest county out of 55 England and Wales' counties.

Lancashire house price rank

Lancashire property sales share by price range

shows a number of properties sold in a given price range between April 2021 - March 2022.

Lancashire property sales share by price range
Property price rangeMarket shareSales volumes
under £50k2.3%507
£50k-£100k20.2%4.5k
£100k-£150k25.9%5.8k
£150k-£200k20.6%4.6k
£200k-£250k11.6%2.6k
£250k-£300k7.4%1.7k
£300k-£400k6.7%1.5k
£400k-£500k2.7%608
£500k-£750k1.8%411
£750k-£1M0.4%93
over £1M0.2%47

Lancashire cost comparison of new homes and older homes

April 2021 - March 2022

Lancashire cost comparison of new homes and older homes

£239k

A newly built property

£185k

An established property

Lancashire cost comparison of houses and flats

April 2021 - March 2022

Lancashire cost comparison of houses and flats

£331k

Detached

£129k

Flat

£186k

Semi-Detached

£122k

Terraced

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Lancashire real house prices

Yearly average nominal house prices adjusted for inflation.

Lancashire real house prices

Lancashire house prices

Yearly average nominal prices compared to England & Wales' house prices

Lancashire house prices

Lancashire house prices per square meter

Yearly average nominal price per square meter compared to England & Wales' house prices

Lancashire house prices per square meter

Lancashire house prices and nearby counties

Yearly average nominal prices

Lancashire house prices and nearby counties

Lancashire house prices by property type

Yearly average nominal prices

Lancashire house prices by property type

Lancashire house price to earnings ratio

The median property price to median earnings ratio is ranging between 3.8 in Burnley and 6.7 in Ribble Valley. Ie. Burnley resident with middle-income needs 3.8 gross annual salaries to buy a medium-priced property. Resident in Ribble Valley needs 6.7 annual salaries. The England and Wales ratio was 7.69 in 2020.
Lancashire house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2020
Burnley3.8
Pendle4.2
Hyndburn4.3
Blackpool4.8
Blackburn with Darwen4.9
Rossendale5
Lancaster5.5
Chorley5.6
Preston5.6
South Ribble5.6
Fylde5.7
Wyre6
West Lancashire6.2
Ribble Valley6.7
England and Wales7.69

Other reports for Lancashire county

house prices per square meter

new home prices

property transactions

salary and unemployment

energy costs

crime statistics

home energy certificates

home features

population statistics

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