© Provided by Lancashire TelegraphWhat are the latest house prices in Burnley? See how much your home could be worth (PA)
House prices in Burnley have gone down by an average of over £1,000 in the month of February, according to figures from the Land Registry.
Burnleyis the second cheapest area to buy a property in the UK, with only Inverclyde costing less on average.
The latest data from the government department reveals that in February 2023 average house prices in Burnley reached £115,532.
This was down from £117,515 in January, representing a 1.7 per cent decrease. In the last 12 months it has risen by 4.7 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.
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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 £287,506 in February.
In cash terms, the average house price in February was £15,052 higher than a year earlier with house price growth accelerating to 5.5 per cent in February 2023. Prices were down by -1.0 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.