The price of a newly built property is £273k in North West region. The price declined by £-7.7k (-3%) over the last twelve months. The price of an established property is £227k. There were 1421 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 289 (20.3%) properties sold, followed by £150k-£200k price range with 247 (17.4%) properties sold. Most new homes were sold in Cheshire, with 413 sold to date from March 2023 - February 2024.
March 2023 - February 2024 | North West region | England & Wales |
---|---|---|
Average price of a new home | £273k | £431k |
Average price change | -3% £-7.7k | 13% £50.0k |
March 2023 - February 2024
New or established | Average price |
---|---|
█ A newly built property | £273k |
█ An established property | £227k |
March 2023 - February 2024
shows the total volume of new homes sold a given county.
County | Sales volume | Market share | |
---|---|---|---|
Cheshire | 413 | 29.1% | |
Cumbria | 111 | 7.8% | |
Greater Manchester | 407 | 28.6% | |
Lancashire | 276 | 19.4% | |
Merseyside | 214 | 15.1% |
shows a sales volume of new homes in a given price range between March 2023 - February 2024. See also North West property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ under £50k | 0.1% | 2 |
█ £50k-£100k | 4.6% | 66 |
█ £100k-£150k | 12.3% | 175 |
█ £150k-£200k | 17.4% | 247 |
█ £200k-£250k | 15.5% | 220 |
█ £250k-£300k | 15.2% | 216 |
█ £300k-£400k | 20.3% | 289 |
█ £400k-£500k | 9.4% | 134 |
█ £500k-£750k | 4.2% | 59 |
█ £750k-£1M | 0.7% | 10 |
█ over £1M | 0.2% | 3 |
March 2023 - February 2024
March 2023 - February 2024
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year