North West England

Area Guide For North West England

North West England, one of nine official regions of England, consists of the counties of Cheshire, Cumbria, Greater Manchester, Lancashire and Merseyside. Whether you are looking for a relaxed or an energetic atmosphere the North West is a mix of rural and urban landscapes as well as being one of the most diverse regions, with Manchester and Liverpool amongst the largest diverse cities in Europe.

 
 

North West England Map

Estimated Price: £179,622
Average Asking Price: £365,746
Price change in last one year: £9,205
Average Price Paid: £158,533
Average Rent Rates: £1,906

 
 

Property Prices Breakdown in North West England

Average Price for property in North West England is around £179,622 which varies based on type of property you are interested in and ranges from £319,679 for detached house to around £172,655 for semi-detached. Similarly terraced house is around £115,013 and a flat is worth £144,450. Values have been changing and have risen £302 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,042 in last 6 months, £9,205 in last 1 year, £15,803 in last 2 years, £14,604 in last 3 years, £10,498 in last 4 years and £6,818 in last 5 years.

Currently average asking price of a property in North West England is around £365,746 based on approximately 80,816 properties for sale. Same is the case with rental options based on 191,033 properties up for rent, average asking rent is around £1,906 per month.

Estimated property value in North West England is £179,622. Average asking price is £365,746 while average price paid is £163,555 which is up by £9,205 and Avg. asking rent £1,906.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 North West England area. In last 1 year alone average price buyer paid is around £163,555 based on approximately 80,816 sales in North West England area alone. If you compare it to last 3 years sales of 230,553 properties where buyers paid around £159,287. 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 £158,533 for 367,647 and average amount paid for purchase of approx. 507,221 properties sold in last 7 years comes to about £157,657 per sale.

 
 

Properties For Sale in North West England

 
 

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 £141,370, £158,208 for a 2 bedroom house, £227,243 for a 3 bedroom house, £409,622 for a 4 bedroom house and £705,693 for a 5 bedroom house. For a flat similarly the prices varies from £230,222 for a single bedroom to £324,190 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £820,675, £1,712,274 for a 4 bedroom flat and £2,880,701 for a 5 bedroom flat. To sum up the asking prices for properties in North West England it comes to around average £215,673 for 1 bedroom property, £234,585 for 2 bedroom, £273,125 for 3 bedroom, £432,678 for 4 bedroom and £732,905 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 £722 for 1 bedroom to £841 for 2 bedrooms, £1,093 for 3 bedrooms, £1,753 for 4 bedrooms and £2,500 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,173. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,661, £3,190 for 3 bedroom, £4,766 for 4 bedroom and around £5,540 for 5 bedroom flat. You should be generally be expecting around average £1,088 rent per month for single bedroom property, £1,407 for 2 bedroom, £1,713 for 3 bedroom, £2,180 for 4 bedroom and approximately £2,807 for a 5 bedroom property in North West England area.

Popular Houses in North West England

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.

Sold Properties in North West England

Areas in and around North West England