Lancashire Property Market 2015

Story Highlights

  • Lancashire had total property sales of £3.44 billions in 2015.
  • The total number of properties sold in 2015 in Lancashire was 20,650
  • The total volume of sales at district level was maximum for Lancaster at £437 millions
  • The average sales price in Lancashire was £167 K, whereas median was £138 K
  • The average sales price at district level was maximum for Ribble Valley at £251 K
  • Similarly the median of sales price at district level was maximum for Ribble Valley at £195 K
  • New Property sales in Lancashire contributed 12.29% and Not New Property contributed 87.71%

 

Lancashire is one of the counties of North West England. The districts in Lancashire are Lancaster, Chorley, South Ribble, Fylde, Preston, Wyre, West Lancashire, Ribble Valley, Pendle, Rossendale, Burnley and Hyndburn.

 

Total Sales By Districts

Lancashire - Total Sales By DistrictsGreater Manchester had total property sales of £3.44 billions which was 15.88% of the North West Property Market 2015.

The split across its districts is as follow:

  • Lancaster at £437 millions (12.7%)
  • Chorley at £426 millions (12.38%)
  • South Ribble at £349 millions (10.15%)
  • Fylde at £344 millions (10.01%)
  • Preston at £329 (9,58%)
  • Wyre at £322 millions (9.37%)
  • West Lancashire at £310 millions (9.01%)
  • Ribble Valley at £261 millions (7.6%)
  • Pendle at £175 millions (5.1%)
  • Rossendale at £173 millions (5.03%)
  • Burnley at £166 millions (4.83%)
  • Hyndburn at £146 millions (4.23%)

 

 

 

Total Sales By Property Type

Lancashire - Total Sales By Property Type

The split of £3.44 billions across the different property types in Lancashire are :

  • Detached at £1.35 billions (39.28%)
  • Terraced at £743 millions (21.6%)
  • Semi-Detached at £953 millions (27.7%)   
  • Flat/Maisonette at £173 millions (5.02%) 
  • Other at £220 millions (6.4%)

 

 

Total No Of Properties Sold By Property Type

Lancashire - Total No Of Properties Sold By Property Type

The total property sales of £3.44 billions in 2015 was spread over 20,650 properties.

  • Terraced properties at 7,295 (35.33%)
  • Detached at 5,092 (24.66%)
  • Semi-Detached at 6,249 (30,26%)
  • Flat/Maisonette at 1,640 (7.94%)
  • Others at  374 (1.81%)

  

Average & Median Sales Price

Lancashire - Average & Median Sales Price

The average sales price in Lancashire was £167 K. For the different property types it was:

  • Detached at £265 K
  • Semi-Detached at £153 K
  • Terraced at £102 K
  • Flat/Maisonette at £105 K
  • Other at £589 K

Similarly median sales price in Lancashire was £138 K. For different property types it was:

  • Detached at £235 K
  • Semi-Detached at £143 K
  • Terraced at £90 K
  • Flat/Maisonette at £88 K
  • Other at £236 K

 

 

Average & Median Sales Price By Districts

Lancashire - Average Sales Price By Districts

The average sales prices at district level in Lancashire for 2015 is as follows:

  • Ribble Valley at £251 K
  • Fylde at £209 K
  • West Lancashire at £208 K
  • Chorley at £192 K
  • South Ribble at £173 K
  • Lancaster at £169 K
  • Wyre at £163 K
  • Preston at £159 K
  • Rossendale at £146 K 
  • Pendle at £116 K
  • Hyndburn at £112
  • Burnley at £105 K 

 

 

Lancashire - Median Sales Price By Districts

The median sales prices at district level in Lancashire for 2015 is as follows:

  • Ribble Valley at £195 K
  • Fylde at £180 K
  • West Lancashire at £169 K
  • Chorley at £159 K
  • South Ribble at £150 K
  • Lancaster at £142 K
  • Wyre at £138 K
  • Preston at £125 K
  • Rossendale at £120 K 
  • Pendle at £88 K
  • Hyndburn at £85 K
  • Burnley at £72 K 

 

 

 

New Vs Not New Property Statistics

Lancashire - New Vs Not New Property Statistics

By Total Values Of Sales

  • Not New Properties contributed £3.02 billions (87.71%)
  • New Property contributed £423 millions (12.29%)

 

By Total Number Of Sales

  • New properties sold were 2004  (9.7%)
  • Not new property sold were 18646 (90.3%)

 

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