Property market: Everything you need to know about the latest house prices in Blackpool, Wyre, and Fylde
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Blackpool
House prices dropped slightly in Blackpool in June, new figures show. The drop contributes to the longer-term trend, which has seen property prices in the area suffer a 0.3% annual decline.
The average Blackpool house price in June was £133,935, Land Registry figures show – a 0.5% decrease on May. Over the month, the picture was different to that across the North West, where prices increased 0.3%, and Blackpool was lower than the 0.5% rise for the UK as a whole.
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Hide AdOver the last year, the average sale price of property in Blackpool fell by £370 – putting the area 31st among the North West’s 35 local authorities with price data for annual growth.
First steps on the property ladder
First-time buyers in Blackpool spent an average of £119,580 on their property – £200 less than a year ago, but £25,890 more than in June 2019. By comparison, former owner-occupiers paid £143,740 on average in June – 20.2% more than first-time buyers.
Property types
Owners of flats saw the biggest fall in property prices in Blackpool in June – they dropped 1% in price, to £79,708 on average. Over the last year, prices dropped by 3.5%.
Detached: down 0.7% monthly; down 1.8% annually; £216,101 average
Semi-detached: down 0.6% monthly; up 0.2% annually; £153,596 average
Terraced: down 0.1% monthly; up 0.4% annually; £115,213 average
How do property prices in Blackpool compare?
Buyers paid 39.2% less than the average price in the North West (£220,000) in June for a property in Blackpool. Across the North West, property prices are low compared to those across the UK, where the average cost is £288,000.
Average property price in June
Blackpool: £133,935
The North West: £220,441
UK: £287,924
Annual change to June
Blackpool: -0.3%
The North West: +3.7%
UK: +2.7%
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Hide AdWyre
House prices increased by 2% – more than the average for the North West – in Wyre in June, new figures show. The rise contributes to the longer-term trend, which has seen property prices in the area grow by 4.7% over the last year.
The average Wyre house price in June was £196,408, Land Registry figures show – a 2% increase on May. Over the month, the picture was different to that across the North West, where prices increased 0.3%, and Wyre was above the 0.5% rise for the UK as a whole.
Over the last year, the average sale price of property in Wyre rose by £8,900 – putting the area 11th among the North West’s 35 local authorities with price data for annual growth.
First steps on the property ladder
First-time buyers in Wyre spent an average of £164,000 on their property – £7,500 more than a year ago, and £37,200 more than in June 2019. By comparison, former owner-occupiers paid £214,000 on average in June – 30.5% more than first-time buyers.
Property types
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Hide AdOwners of terraced houses saw the biggest rise in property prices in Wyre in June – they increased 2.3%, to £151,505 on average. Over the last year, prices rose by 4.8%.
Among other types of property:
Detached: up 2% monthly; up 6.3% annually; £294,884 average
Semi-detached: up 1.9% monthly; up 4.6% annually; £190,378 average
Flats: up 1.2% monthly; remained level over the year; £103,211 average
How do property prices in Wyre compare?
Buyers paid 10.9% less than the average price in the North West (£220,000) in June for a property in Wyre. Across the North West, property prices are low compared to those across the UK, where the average cost is £288,000.
Average property price in June
Wyre: £196,408
The North West: £220,441
UK: £287,924
Annual growth to June
Wyre: +4.7%
The North West: +3.7%
UK: +2.7%
Fylde
House prices increased by 4.5% – more than the average for the North West – in Fylde in June, new figures show. The rise contributes to the longer-term trend, which has seen property prices in the area grow by 4.4% over the last year.
The average Fylde house price in June was £246,254, Land Registry figures show – a 4.5% increase on May. Over the month, the picture was different to that across the North West, where prices increased 0.3%, and Fylde was above the 0.5% rise for the UK as a whole.
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Hide AdOver the last year, the average sale price of property in Fylde rose by £10,000 – putting the area 14th among the North West’s 35 local authorities with price data for annual growth.
First steps on the property ladder
First-time buyers in Fylde spent an average of £191,800 on their property – £8,300 more than a year ago, and £45,800 more than in June 2019. By comparison, former owner-occupiers paid £279,700 on average in June – 45.8% more than first-time buyers.
Property types
Owners of terraced houses saw the biggest rise in property prices in Fylde in June – they increased 5.2%, to £208,000 on average. Over the last year, prices rose by 5.7%.
Among other types of property:
Detached: up 4.5% monthly; up 5.1% annually; £377,287 average
Semi-detached: up 4.6% monthly; up 5.3% annually; £255,877 average
Flats: up 4% monthly; up 1.4% annually; £135,578 average
How do property prices in Fylde compare?
Buyers paid 11.7% more than the average price in the North West (£220,000) in June for a property in Fylde. Across the North West, property prices are low compared to those across the UK, where the average cost is £288,000.
Average property price in June
Fylde: £246,254
The North West: £220,441
UK: £287,924
Annual growth to June
Fylde: +4.4%
The North West: +3.7%
UK: +2.7%
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