St Helens house prices increased in October

By Will Grimond, Data Reporter
Published 20th Dec 2023, 16:08 BST
General view of estate agents signs outside a block of flats in Basingstoke, Hampshire.General view of estate agents signs outside a block of flats in Basingstoke, Hampshire.
General view of estate agents signs outside a block of flats in Basingstoke, Hampshire.
House prices increased by 3.6% in St Helens in October, new figures show.

House prices increased by 3.6% in St Helens in October, new figures show.

The rise contributes to the longer-term trend, which has seen property prices in the area grow by 5.5% over the last year – the highest in the North West.

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The average St Helens house price in October was £184,842, Land Registry figures show – a 3.6% increase on September.

Over the month, the picture was different to that across the North West, where prices decreased 0.4%, and St Helens was above the 0.7% drop for the UK as a whole.

Over the last year, the average sale price of property in St Helens rose by £9,700 – putting the area top among the North West’s 35 local authorities with price data for annual growth.

At the other end of the scale, properties in Tameside lost 4.6% of their value, giving an average price of £204,000.

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First steps on the property ladder

First-time buyers in St Helens spent an average of £165,700 on their property – £8,500 more than a year ago, and £49,500 more than in October 2018.

By comparison, former owner-occupiers paid £207,600 on average in October – 25.3% more than first-time buyers.

Property types

Owners of detached houses saw the biggest rise in property prices in St Helens in October – they increased 4.2%, to £313,507 on average. Over the last year, prices rose by 8.1%.

Among other types of property:

Semi-detached:
Terraced:
Flats:

How do property prices in St Helens compare?

Buyers paid 14.3% less than the average price in the North West (£216,000) in October for a property in St Helens. Across the North West, property prices are low compared to those across the UK, where the average cost is £288,000.

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The most expensive properties in the North West were in Trafford – £375,000 on average, and twice the price as in St Helens. Trafford properties cost 3.3 times the price as homes in Burnley (£114,000 average), at the other end of the scale.

The highest property prices across the UK were in Kensington and Chelsea, at £1.4 million.

Factfile

Average property price in October

  • St Helens: £184,842
  • The North West:£215,719
  • UK: £287,782

Annual change to October

  • St Helens: +5.5%
  • The North West: -0.4%
  • UK: -1.2%

Highest and lowest annual growth in the North West

  • St Helens: +5.5%
  • Tameside: -4.6%