House prices in Ribble Valley have plummeted by an average of over £14,000 in the month of April, according to figures from the Land Registry.

The latest data from the government department reveals that in April 2022 average house prices in Ribble Valley reached £257,827.

This was down from £271,965 in March, representing a 5.2 per cent decrease. In the last 12 months it has risen by 10.8 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Ribble Valley here.

How much have house prices decreased in Ribble Valley?

Breaking it down for specific types of housing, all prices saw a decrease.

  • Detached houses - Down to £408,134 from £429,262 in March
  • Semi-detached houses - Down to £247,518 from £261,272 in March
  • Terraced houses - Down to £183,857 from £194,375 in March
  • Flats - Down to £156,076 from £165,805 in March

Lancashire Telegraph: What%are%the%latest%house%prices%in%Ribble%Valley%? (PA)What%are%the%latest%house%prices%in%Ribble%Valley%? (PA)

How do Ribble Valley house prices compare to the UK average?

The fall in prices this month means Ribble Valley is still below the UK average with typical property value in the nations reaching £281,161 in April.

In cash terms, the average house price in April was £30,950 higher than a year earlier with house price growth accelerating to 12.4 per cent in April 2022. Prices were up by 1.1 per cent month on month.

How much could your house be worth?

We have created this map for the North West so you can see the average house price in each neighbourhood since 1995.

Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.

The above map can demonstrate which areas of Ribble Valley are the most expensive for average house prices.