House prices in Burnley have gone up by an average of over £3,000 in the month of July, according to figures from the Land Registry.

Despite the increase, Burnley is still the cheapest area to buy a property in the entirety of the UK.

The latest data from the government department reveals that in July 2022 average house prices in Burnley reached £120,032.

This was up from £116,986 in June, representing over a 2.6 per cent increase. In the last 12 months it has risen by 15.2 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 increased in Burnley?

Breaking it down for specific types of housing, all prices saw an increase.

  • Detached houses - Up to £228,978 from £224,209 in June
  • Semi-detached houses - Up to £147,250 from £143,578 in June
  • Terraced houses - Up to £101,698 from £98,969 in June
  • Flats - Up to £76,397 from £74,440 in June

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How do Burnley house prices compare to the UK average?

Despite the rise in prices this month, Burnley is still far below the UK average with typical property value in the nations reaching £292,118 in July.

In cash terms, the average house price in July was £39,157 higher than a year earlier with house price growth accelerating to 15.5 per cent in July 2022.  Prices were up by 2.0 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.