Lancashire is home to one of the UK's top property hotspots - and you can see the situation in your area using our interactive map
Data suggests that Lancashire is one of the top property hotspots in the UK, as interest rates and property prices are on the rise.
Average UK house prices have increased by 3.5% in the 12 months to April 2023, which is down from 4.1% in the previous month. The average price for one in April was £286,000 - a whopping £9,000 higher than a year earlier.Looking at specific regions in the county, in Fylde the average house price rose by 15.5% in April, which is an increase from 14.9% in March, 13.8% in February and 11.1% in January. In South Ribble, the next highest price rise can be seen in Lancashire with a 9.
However, despite the country as a whole seeing prices increase, there are some areas in the UK that have seen substantial drops. House prices in Kensington and Chelsea fell by 15.8% in April compared to 12 months earlier - the largest year-on-year drop of any local authority in the country.
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