House Prices in North West

Region Path: > the United Kingdom > England > North West

Area Name: North West
Area Type: Government Office Region
ONS Area Code: B

Browse House Prices within North West

Graphs of House Prices in North West

The property market in the North West was quite slow to respond during this cycle, and between 1998 and 2001 house price inflation averaged around 5% before increasing along with the rest of the country during 2003. However property prices in the North West continued to accelerate leading to an inflation peak of about 30% in 2004, although this was abruptly halted by the general slowdown in 2005. Property prices have continued to rise slightly during 2006 and early 2007.

house price graph
Figure 1. Median house prices in North West.
house price inflation graph
Figure 2. House price inflation in North West.

Table of House Prices in North West

The median property price in North West is based on property sales registered with the Land Registry during each quarter.

Year	Quarter	House Price¹
2009	Q1	£120,000
2008	Q4	£125,000
2008	Q3	£130,000
2008	Q2	£130,500
2008	Q1	£129,500
2007	Q4	£136,000
2007	Q3	£136,000
2007	Q2	£135,000
2007	Q1	£128,000
2006	Q4	£132,000
2006	Q3	£129,950
2006	Q2	£126,250
2006	Q1	£119,950
2005	Q4	£120,000
2005	Q3	£119,950
2005	Q2	£116,000
2005	Q1	£110,000
2004	Q4	£114,000
2004	Q3	£115,000
2004	Q2	£106,000
2004	Q1	£92,000
2003	Q4	£92,500
2003	Q3	£87,500
2003	Q2	£81,950
2003	Q1	£74,000
2002	Q4	£74,950
2002	Q3	£73,500
2002	Q2	£69,500
2002	Q1	£61,500
2001	Q4	£61,500
2001	Q3	£62,950
2001	Q2	£59,995
2001	Q1	£56,500
2000	Q4	£57,000
2000	Q3	£57,000
2000	Q2	£56,800
2000	Q1	£54,000
1. CLG median house prices by district, table 582, based on the sale price of property taken from the Land Registry's sold price data. Not seasonally adjusted. Latest CLG data: Q1/2009, published June 2009.