Ribble Valley remains most expensive area for property in Lancashire
PUBLISHED: 20:15 18 July 2017 | UPDATED: 20:15 18 July 2017
South Lancashire also proving to be popular for commuters to Manchester.
House prices in Lancashire have remained largely flat from July 2016 to May 2017 according to figures released by the Land Registry.
As of May 2017, the average house price in Lancashire is £136,428, with the national average currently calculated as £220,713. Most areas within the county have seen prices fluctuate slightly in the past twelve months, but there are no dramatic rise or falls within the price index.
The Ribble Valley remains one of the most desirable locations to purchase property in the county in the North West of England. The average property here costs £207,190, well above the North West regional figure of £153,297.
One area that has seen a huge upturn in value is the Metropolitan Borough of Bury. This former part of Lancashire has seen the average house price increase from £148,798 to £159,825. This borough consists of a number of increasingly popular locations such as Prestwich and Ramsbottom and the sharp increase in prices reflects the growing demand for homes close to the centre of Manchester.
Find out more facts and figures from the Land Registry report here.