2.8 North West — North West
The North West recorded a volume-weighted average price paid of £265,873 in August 2026, down 1.2% year-on-year. Average monthly rents rose 6.2% — the highest rate of any region — to £879, and gross yields expanded to 4.15%, up 0.25 percentage points. Price movements were mixed, with CW, BL, and CH recording growth while WN, L, and SK declined.
Property Prices by Postcode Area
Aug-26 average price by property type, with year-on-year change vs Aug-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Aug-26 / vs Aug-25 | Aug-26 / vs Aug-25 | Aug-26 / vs Aug-25 | Aug-26 / vs Aug-25 | Aug-26 / vs Aug-25 | ||
| BB | Blackburn | £193,949 ▼ 0.9% | £351,920 ▼ 2.9% | £222,034 ▼ 1.9% | £124,683 ▼ 7.5% | £133,613 ▲ 34.2% |
| BL | Bolton | £249,272 ▲ 3.6% | £402,000 ▲ 0.9% | £251,286 ▲ 2.5% | £180,799 ▼ 3.4% | £129,499 ▲ 3.1% |
| CA | Carlisle | £218,022 ▼ 1.6% | £370,516 ▲ 3.8% | £190,710 ▼ 6% | £159,663 ▲ 10.9% | £131,094 ▲ 3% |
| CH | Chester | £275,630 ▲ 2.6% | £397,833 ▼ 3.5% | £278,709 ▲ 10.6% | £198,217 ▲ 3.7% | £170,625 ▲ 6.2% |
| CW | Crewe | £326,999 ▲ 5.8% | £462,184 ▲ 5.7% | £272,612 ▲ 6.2% | £221,134 ▲ 2.8% | £153,306 ▲ 4.2% |
| FY | Blackpool | £187,142 ▼ 4.8% | £312,497 ▼ 3% | £185,586 ▼ 5% | £131,734 ▼ 1.7% | £109,675 ▲ 0.8% |
| L | Liverpool | £230,124 ▼ 8.8% | £392,944 ▼ 16.9% | £239,884 ▼ 7.4% | £190,562 ▲ 1.2% | £135,737 ▼ 11.3% |
| LA | Lancaster | £247,421 ▼ 4.4% | £393,889 ▼ 6.1% | £273,078 ▲ 8% | £181,189 ▼ 8.2% | £150,437 ▼ 0.7% |
| M | Manchester | £292,749 ▲ 2.3% | £483,134 ▲ 7.2% | £312,895 ▼ 3.6% | £231,967 ▼ 9.6% | £214,284 ▲ 9.2% |
| OL | Oldham | £218,361 ▼ 4% | £377,813 ▲ 4% | £244,022 ▼ 1.2% | £170,191 ▼ 3.4% | £128,325 ▼ 4.5% |
| PR | Preston | £264,788 ▲ 3% | £379,141 ▼ 1.8% | £248,929 ▲ 10% | £168,500 ▲ 3.9% | £105,308 ▼ 17.6% |
| SK | Stockport | £343,052 ▼ 6.8% | £533,052 ▼ 13% | £348,441 ▼ 1.2% | £262,785 ▲ 10.6% | £218,088 ▼ 9.6% |
| WA | Warrington | £313,590 ▼ 3.5% | £500,250 ▼ 5.7% | £296,210 ▲ 0.1% | £198,987 ▼ 12.6% | £204,375 ▲ 3.6% |
| WN | Wigan | £196,735 ▼ 10.8% | £325,840 ▼ 10.1% | £194,239 ▼ 5.6% | £153,146 ▲ 0.5% | £140,000 ▲ 7.2% |
| North West | £265,874 ▼ 1.2% | £423,269 ▼ 3.2% | £267,755 ▲ 1.1% | £189,588 ▼ 1.2% | £170,235 ▼ 0.7% | |
WN fell 10.8% to £196,735 and L declined 8.8% to £230,124 — the two largest falls in the region. SK dropped 6.8% to £343,052 and FY declined 4.8% to £187,142. In contrast, CW rose 5.8% to £326,999, BL gained 3.6% to £249,272, and PR rose 3.0% to £264,788.
Average Monthly Rent by Postcode Area
Aug-26 average monthly rent by property type, with year-on-year change vs Aug-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Aug-26 / vs Aug-25 | Aug-26 / vs Aug-25 | Aug-26 / vs Aug-25 | Aug-26 / vs Aug-25 | Aug-26 / vs Aug-25 | ||
| BB | Blackburn | £701 ▲ 4.6% | £1,017 ▲ 3.9% | £779 ▲ 4.6% | £696 ▲ 4.9% | £587 ▲ 4.3% |
| BL | Bolton | £910 ▲ 7.7% | £1,369 ▲ 7.2% | £989 ▲ 7.9% | £880 ▲ 8% | £792 ▲ 7.3% |
| CA | Carlisle | £695 ▲ 6.9% | £1,002 ▲ 5.9% | £747 ▲ 7.2% | £697 ▲ 7.1% | £586 ▲ 6.7% |
| CH | Chester | £892 ▲ 6.7% | £1,227 ▲ 6.2% | £982 ▲ 6.8% | £890 ▲ 7.1% | £749 ▲ 6.1% |
| CW | Crewe | £984 ▲ 6.4% | £1,415 ▲ 5.8% | £1,097 ▲ 6.6% | £969 ▲ 6.6% | £828 ▲ 6.1% |
| FY | Blackpool | £757 ▲ 6.5% | £1,051 ▲ 6.1% | £841 ▲ 6.7% | £772 ▲ 6.7% | £612 ▲ 6.2% |
| L | Liverpool | £897 ▲ 6.5% | £1,242 ▲ 5.8% | £985 ▲ 6.5% | £906 ▲ 6.9% | £751 ▲ 5.9% |
| LA | Lancaster | £823 ▲ 6.3% | £1,165 ▲ 5.9% | £895 ▲ 6.5% | £835 ▲ 6.5% | £698 ▲ 6.1% |
| M | Manchester | £1,232 ▲ 3.8% | £1,705 ▲ 3.3% | £1,359 ▲ 4.1% | £1,243 ▲ 4.1% | £1,039 ▲ 3.3% |
| OL | Oldham | £892 ▲ 9.1% | £1,282 ▲ 8.6% | £991 ▲ 9.4% | £875 ▲ 9.3% | £754 ▲ 8.8% |
| PR | Preston | £821 ▲ 5.9% | £1,137 ▲ 5.4% | £891 ▲ 6.1% | £832 ▲ 6.1% | £683 ▲ 5.5% |
| SK | Stockport | £1,021 ▲ 6% | £1,428 ▲ 5.4% | £1,113 ▲ 6.1% | £1,006 ▲ 6.2% | £850 ▲ 5.7% |
| WA | Warrington | £927 ▲ 5.4% | £1,342 ▲ 4.7% | £1,016 ▲ 5.5% | £918 ▲ 5.6% | £784 ▲ 4.9% |
| WN | Wigan | £757 ▲ 6.4% | £1,027 ▲ 5.8% | £832 ▲ 6.5% | £760 ▲ 6.7% | £646 ▲ 6% |
| North West | £879 ▲ 6.2% | £1,244 ▲ 5.7% | £965 ▲ 6.4% | £877 ▲ 6.5% | £740 ▲ 5.8% | |
Rent growth was exceptionally strong across the region. OL led at 9.1% to £892 per month, followed by BL at 7.7% to £910 and CA at 6.9% to £695. M recorded the highest average rent at £1,232 per month, growing 3.8%. All 14 postcode areas recorded rent growth above 3.5%.
Gross Rental Yields by Postcode Area
Aug-26 gross yield (annual rent ÷ purchase price) by property type, with year-on-year change vs Aug-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Aug-26 / vs Aug-25 | Aug-26 / vs Aug-25 | Aug-26 / vs Aug-25 | Aug-26 / vs Aug-25 | Aug-26 / vs Aug-25 | ||
| BB | Blackburn | 4.3% ▲ 0.23pp | 3.5% ▲ 0.23pp | 4.2% ▲ 0.26pp | 6.7% ▲ 0.79pp | 5.3% ▼ 1.51pp |
| BL | Bolton | 4.4% ▲ 0.17pp | 4.1% ▲ 0.24pp | 4.7% ▲ 0.24pp | 5.8% ▲ 0.62pp | 7.3% ▲ 0.29pp |
| CA | Carlisle | 3.8% ▲ 0.31pp | 3.2% ▲ 0.07pp | 4.7% ▲ 0.58pp | 5.2% ▼ 0.19pp | 5.4% ▲ 0.19pp |
| CH | Chester | 3.9% ▲ 0.15pp | 3.7% ▲ 0.34pp | 4.2% ▼ 0.15pp | 5.4% ▲ 0.17pp | 5.3% ▼ 0.01pp |
| CW | Crewe | 3.6% ▲ 0.02pp | 3.7% ▲ 0pp | 4.8% ▲ 0.02pp | 5.3% ▲ 0.19pp | 6.5% ▲ 0.12pp |
| FY | Blackpool | 4.9% ▲ 0.52pp | 4.0% ▲ 0.35pp | 5.4% ▲ 0.59pp | 7.0% ▲ 0.55pp | 6.7% ▲ 0.34pp |
| L | Liverpool | 4.7% ▲ 0.67pp | 3.8% ▲ 0.81pp | 4.9% ▲ 0.64pp | 5.7% ▲ 0.3pp | 6.6% ▲ 1.08pp |
| LA | Lancaster | 4.0% ▲ 0.4pp | 3.5% ▲ 0.4pp | 3.9% ▼ 0.05pp | 5.5% ▲ 0.76pp | 5.6% ▲ 0.36pp |
| M | Manchester | 5.1% ▲ 0.07pp | 4.2% ▼ 0.16pp | 5.2% ▲ 0.38pp | 6.4% ▲ 0.84pp | 5.8% ▼ 0.33pp |
| OL | Oldham | 4.9% ▲ 0.59pp | 4.1% ▲ 0.17pp | 4.9% ▲ 0.47pp | 6.2% ▲ 0.72pp | 7.0% ▲ 0.86pp |
| PR | Preston | 3.7% ▲ 0.1pp | 3.6% ▲ 0.25pp | 4.3% ▼ 0.16pp | 5.9% ▲ 0.12pp | 7.8% ▲ 1.7pp |
| SK | Stockport | 3.6% ▲ 0.43pp | 3.2% ▲ 0.56pp | 3.8% ▲ 0.27pp | 4.6% ▼ 0.19pp | 4.7% ▲ 0.67pp |
| WA | Warrington | 3.5% ▲ 0.3pp | 3.2% ▲ 0.32pp | 4.1% ▲ 0.21pp | 5.5% ▲ 0.95pp | 4.6% ▲ 0.05pp |
| WN | Wigan | 4.6% ▲ 0.74pp | 3.8% ▲ 0.57pp | 5.1% ▲ 0.59pp | 6.0% ▲ 0.35pp | 5.5% ▼ 0.06pp |
| North West | 4.0% ▲ 0.28pp | 3.5% ▲ 0.3pp | 4.3% ▲ 0.21pp | 5.6% ▲ 0.4pp | 5.2% ▲ 0.32pp | |
M recorded the highest gross yield at 5.05%, followed by OL at 4.90% and FY at 4.85%. The largest yield expansion was in WN (+0.74 pp to 4.61%) and L (+0.67 pp to 4.68%), driven by falls in prices alongside strong rent growth. CW remained the lowest-yielding area at 3.61%.