2.8 North West — North West
The North West recorded an average price paid of £265,980 in July 2026, up 2.8% year-on-year — one of only two regions to record growth in average prices paid nationally. Average monthly rents rose 6.1% to £874, and gross yields expanded by 0.12 percentage points to 3.94%. Price growth was concentrated in Warrington, Wigan, and Lancaster, while Blackburn and Oldham fell.
Property Prices by Postcode Area
Jul-26 average price by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| BB | Blackburn | £169,761 ▼ 8.4% | £318,476 ▼ 5.3% | £208,571 ▲ 3.8% | £127,407 ▼ 4.5% | £119,500 ▼ 11.2% |
| BL | Bolton | £249,039 ▲ 2.5% | £432,660 ▲ 4.2% | £236,934 ▼ 2.7% | £189,378 ▲ 6.8% | £128,533 ▼ 6.5% |
| CA | Carlisle | £222,798 ▲ 5.3% | £366,385 ▲ 9.2% | £187,145 ▼ 6.1% | £152,458 ▲ 1.7% | £135,227 ▲ 14.7% |
| CH | Chester | £266,887 ▼ 3.3% | £406,729 ▼ 3.8% | £249,880 ▼ 3.3% | £192,671 ▼ 0.3% | £178,864 ▲ 6.7% |
| CW | Crewe | £307,436 ▲ 4.6% | £416,007 ▼ 4.9% | £251,393 ▲ 4.6% | £195,209 ▼ 2.3% | £129,875 ▲ 11.1% |
| FY | Blackpool | £192,659 ▲ 2.2% | £362,468 ▲ 16.8% | £183,314 ▼ 1.2% | £133,702 ▼ 2.3% | £120,060 ▲ 14.9% |
| L | Liverpool | £228,511 ▼ 5.9% | £404,500 ▼ 7.8% | £250,826 ▼ 5.1% | £177,552 ▼ 4.5% | £146,065 ▼ 0.2% |
| LA | Lancaster | £259,030 ▲ 11.4% | £424,721 ▲ 2.9% | £265,848 ▲ 9.5% | £193,044 ▲ 13.6% | £221,750 ▲ 38.7% |
| M | Manchester | £292,393 ▲ 4.5% | £408,981 ▼ 3% | £331,647 ▲ 5.7% | £276,079 ▲ 10.7% | £214,212 ▲ 7.7% |
| OL | Oldham | £206,780 ▼ 7.3% | £367,231 ▼ 3.9% | £235,833 ▼ 0.6% | £169,966 ▲ 3.6% | £135,600 ▼ 3.6% |
| PR | Preston | £242,371 ▲ 1.5% | £356,204 ▲ 1.3% | £231,948 ▲ 4.9% | £165,317 ▼ 2.9% | £119,150 ▲ 3.3% |
| SK | Stockport | £357,214 ▼ 0.6% | £548,583 ▼ 11.5% | £367,704 ▲ 7% | £247,656 ▼ 0.2% | £207,962 ▲ 20% |
| WA | Warrington | £346,323 ▲ 14.4% | £507,789 ▲ 0.9% | £356,817 ▲ 21.1% | £254,413 ▲ 20.6% | £222,530 ▲ 40.9% |
| WN | Wigan | £224,218 ▲ 12.9% | £450,000 ▲ 60.8% | £209,417 ▲ 3.7% | £147,793 ▼ 5.3% | £139,083 ▲ 29.7% |
| North West | £265,980 ▲ 2.8% | £419,746 ▼ 0.8% | £274,316 ▲ 5.2% | £193,347 ▲ 3% | £177,327 ▲ 9.5% | |
WA recorded the strongest price growth at +14.4% to £346,323, followed by WN at +12.9% and LA at +11.4%. BB recorded the sharpest fall at -8.4% to £169,761, followed by OL at -7.3% and L at -5.9%. SK remains the most expensive area at £357,214.
Average Monthly Rent by Postcode Area
Jul-26 average monthly rent by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| BB | Blackburn | £699 ▲ 4.8% | £1,014 ▲ 4% | £776 ▲ 4.8% | £694 ▲ 5.1% | £585 ▲ 4.7% |
| BL | Bolton | £903 ▲ 7.2% | £1,359 ▲ 6.5% | £981 ▲ 7.3% | £873 ▲ 7.5% | £787 ▲ 6.9% |
| CA | Carlisle | £691 ▲ 6.8% | £996 ▲ 5.5% | £742 ▲ 6.9% | £693 ▲ 6.9% | £583 ▲ 6.6% |
| CH | Chester | £886 ▲ 6.4% | £1,218 ▲ 5.8% | £975 ▲ 6.4% | £883 ▲ 6.8% | £743 ▲ 5.9% |
| CW | Crewe | £982 ▲ 6.2% | £1,412 ▲ 5.5% | £1,094 ▲ 6.4% | £967 ▲ 6.4% | £826 ▲ 6% |
| FY | Blackpool | £752 ▲ 6.5% | £1,044 ▲ 5.9% | £835 ▲ 6.6% | £767 ▲ 6.7% | £608 ▲ 6.2% |
| L | Liverpool | £891 ▲ 6.4% | £1,234 ▲ 5.7% | £978 ▲ 6.4% | £900 ▲ 6.9% | £747 ▲ 6% |
| LA | Lancaster | £815 ▲ 6% | £1,154 ▲ 5.5% | £886 ▲ 6.1% | £826 ▲ 6% | £691 ▲ 5.8% |
| M | Manchester | £1,227 ▲ 3.7% | £1,697 ▲ 3% | £1,353 ▲ 3.8% | £1,237 ▲ 4% | £1,035 ▲ 3.3% |
| OL | Oldham | £883 ▲ 8.3% | £1,269 ▲ 7.6% | £981 ▲ 8.4% | £866 ▲ 8.5% | £747 ▲ 8.1% |
| PR | Preston | £817 ▲ 6% | £1,132 ▲ 5.4% | £886 ▲ 6.1% | £829 ▲ 6.3% | £680 ▲ 5.8% |
| SK | Stockport | £1,015 ▲ 5.8% | £1,420 ▲ 5% | £1,107 ▲ 5.8% | £1,001 ▲ 6% | £846 ▲ 5.6% |
| WA | Warrington | £923 ▲ 5.2% | £1,336 ▲ 4.4% | £1,012 ▲ 5.3% | £914 ▲ 5.5% | £782 ▲ 4.9% |
| WN | Wigan | £755 ▲ 6.8% | £1,025 ▲ 6.1% | £831 ▲ 6.9% | £758 ▲ 7.2% | £645 ▲ 6.5% |
| North West | £874 ▲ 6.1% | £1,236 ▲ 5.3% | £960 ▲ 6.1% | £872 ▲ 6.3% | £736 ▲ 5.8% | |
OL led rent growth at 8.3% to £883 per month, followed by BL at 7.2% and WN and CA each at 6.8%. M recorded the weakest rent growth at 3.7%, though it commands the highest monthly rent in the region at £1,227. All 14 postcode areas recorded positive rent growth.
Gross Rental Yields by Postcode Area
Jul-26 gross yield (annual rent ÷ purchase price) by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| BB | Blackburn | 4.9% ▲ 0.62pp | 3.8% ▲ 0.34pp | 4.5% ▲ 0.04pp | 6.5% ▲ 0.6pp | 5.9% ▲ 0.89pp |
| BL | Bolton | 4.3% ▲ 0.19pp | 3.8% ▲ 0.08pp | 5.0% ▲ 0.46pp | 5.5% ▲ 0.03pp | 7.3% ▲ 0.91pp |
| CA | Carlisle | 3.7% ▲ 0.05pp | 3.3% ▼ 0.11pp | 4.8% ▲ 0.58pp | 5.5% ▲ 0.27pp | 5.2% ▼ 0.39pp |
| CH | Chester | 4.0% ▲ 0.36pp | 3.6% ▲ 0.32pp | 4.7% ▲ 0.43pp | 5.5% ▲ 0.37pp | 5.0% ▼ 0.04pp |
| CW | Crewe | 3.8% ▲ 0.06pp | 4.1% ▲ 0.4pp | 5.2% ▲ 0.09pp | 5.9% ▲ 0.49pp | 7.6% ▼ 0.37pp |
| FY | Blackpool | 4.7% ▲ 0.19pp | 3.5% ▼ 0.35pp | 5.5% ▲ 0.4pp | 6.9% ▲ 0.58pp | 6.1% ▼ 0.5pp |
| L | Liverpool | 4.7% ▲ 0.54pp | 3.7% ▲ 0.46pp | 4.7% ▲ 0.5pp | 6.1% ▲ 0.64pp | 6.1% ▲ 0.36pp |
| LA | Lancaster | 3.8% ▼ 0.19pp | 3.3% ▲ 0.08pp | 4.0% ▼ 0.13pp | 5.1% ▼ 0.36pp | 3.7% ▼ 1.16pp |
| M | Manchester | 5.0% ▼ 0.04pp | 5.0% ▲ 0.29pp | 4.9% ▼ 0.09pp | 5.4% ▼ 0.35pp | 5.8% ▼ 0.25pp |
| OL | Oldham | 5.1% ▲ 0.74pp | 4.1% ▲ 0.44pp | 5.0% ▲ 0.41pp | 6.1% ▲ 0.28pp | 6.6% ▲ 0.71pp |
| PR | Preston | 4.0% ▲ 0.17pp | 3.8% ▲ 0.15pp | 4.6% ▲ 0.05pp | 6.0% ▲ 0.52pp | 6.9% ▲ 0.16pp |
| SK | Stockport | 3.4% ▲ 0.2pp | 3.1% ▲ 0.49pp | 3.6% ▼ 0.04pp | 4.8% ▲ 0.28pp | 4.9% ▼ 0.66pp |
| WA | Warrington | 3.2% ▼ 0.28pp | 3.2% ▲ 0.11pp | 3.4% ▼ 0.51pp | 4.3% ▼ 0.61pp | 4.2% ▼ 1.45pp |
| WN | Wigan | 4.0% ▼ 0.23pp | 2.7% ▼ 1.41pp | 4.8% ▲ 0.14pp | 6.2% ▲ 0.72pp | 5.6% ▼ 1.21pp |
| North West | 3.9% ▲ 0.12pp | 3.5% ▲ 0.2pp | 4.2% ▲ 0.04pp | 5.4% ▲ 0.17pp | 5.0% ▼ 0.17pp | |
OL offers the highest gross yield in the region at 5.12%, expanding 0.74 percentage points year-on-year. M follows at 5.04% and BB at 4.94%. WA recorded yield compression of -0.28pp as its price growth significantly outpaced rent gains. SK is the lowest yielding area at 3.41%.