Clitheroe

Area Guide For Clitheroe

Clitheroe is a town and civil parish in the Borough of Ribble Valley in Lancashire, England. It is near the Forest of Bowland and is often used as a base for tourists in the area. It has a population of 14,697. The most notable building in the town is Clitheroe Castle, suggested to be one of the smallest Norman keeps in the country. The town elected two members to the Unreformed House of Commons. The Great Reform Act reduced this to one. It was one of the boroughs reformed by the Municipal Corporations Act 1835, and remained a municipal borough until the Local Government Act 1972 came into force in 1974 when it became a successor parish within the Ribble Valley district. The name Clitheroe is thought to come from the Anglo-Saxon for "Rocky Hill", and was also spelled Clyderhow and Cletherwoode. The town was the administrative centre for the lands of the Honor of Clitheroe. These lands were held by Roger de Poitou, who passed them to the De Lacy family from whom they passed in 1311 to Thomas, Earl of Lancaster and subsequently, to the Duchy of Lancaster. At one point the town of Clitheroe was given to Richard, 1st Duke of Gloucester. Up until 1835 the Lord of the

 
 

Clitheroe Map

Estimated Price: £240,380
Average Asking Price: £365,936
Price change in last one year: £14,448
Average Price Paid: £217,233
Average Rent Rates: £781

 
 

Property Prices Breakdown in Clitheroe

Average Price for property in Clitheroe is around £240,380 which varies based on type of property you are interested in and ranges from £411,432 for detached house to around £215,174 for semi-detached. Similarly terraced house is around £157,374 and a flat is worth £137,561. Values have been changing and have risen £2,951 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,268 in last 6 months, £14,448 in last 1 year, £16,449 in last 2 years, £22,056 in last 3 years, £12,664 in last 4 years and £18,461 in last 5 years.

Currently average asking price of a property in Clitheroe is around £365,936 based on approximately 490 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £781 per month.

Estimated property value in Clitheroe is £240,380. Average asking price is £365,936 while average price paid is £218,499 which is up by £14,448 and Avg. asking rent £781.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Clitheroe area. In last 1 year alone average price buyer paid is around £218,499 based on approximately 490 sales in Clitheroe area alone. If you compare it to last 3 years sales of 1,348 properties where buyers paid around £216,580. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £217,233 for 2,048 and average amount paid for purchase of approx. 2,698 properties sold in last 7 years comes to about £217,364 per sale.

 
 

Properties For Sale in Clitheroe

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £168,124, £144,459 for a 2 bedroom house, £241,437 for a 3 bedroom house, £405,885 for a 4 bedroom house and £886,280 for a 5 bedroom house. For a flat similarly the prices varies from £94,650 for a single bedroom to £147,148 for a 2 bedroom Flat. To sum up the asking prices for properties in Clitheroe it comes to around average £136,635 for 1 bedroom property, £145,217 for 2 bedroom, £241,437 for 3 bedroom, £405,885 for 4 bedroom and £886,280 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £719 for 1 bedroom to £515 for 2 bedroom, £652 for 3 bedroom and £1,038 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £443. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £624, £693 for 3 bedroom and £550 for 4 bedroom. You should be generally be expecting around average £634 rent per month for single bedroom property, £531 for 2 bedroom, £654 for 3 bedroom and approximately £957 for 4 bedroom property in Clitheroe area.

Popular Houses in Clitheroe

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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