House prices in St Helens are booming, with the average price hitting a record high of £186,303 in April! That’s a jump of 2.6% in just one month, outpacing both the North West and the UK average.

So, what’s behind this rise? Let’s break it down:

St Helens is Outperforming the Region

• St Helens house prices have risen by 2.1% over the past year, placing it 21st out of 35 local authorities in the North West.
• This growth is impressive compared to the North West average of 0.7% and the UK average of just 0.3% in April alone.
• However, it’s worth noting that Ribble Valley takes the crown for the highest annual growth in the region at a whopping 10.6%!

What Does This Mean for Buyers and Sellers?

• For sellers: Now could be a prime time to cash in on your property. The demand is clearly there!
• For first-time buyers: Getting on the property ladder is becoming more expensive in St Helens. The average price for first-time buyers is now £167,400, a significant jump from last year.

Property Breakdown:

• Semi-detached houses are hot property in St Helens, seeing the biggest monthly price surge of 2.8% in April, reaching an average of £194,269.
• Detached homes follow closely behind with a 2.5% monthly increase, averaging at £306,006.
• Terraced houses saw a 2.4% monthly rise, reaching £144,505.
• Flats remain the most affordable option despite a slight price dip over the year.

The Bigger Picture:

• While St Helens offers more affordable options compared to pricier areas like Trafford (£365,000 average), it’s still playing catch-up with the overall North West average of £217,000.

Should You Make a Move?

The St Helens property market is definitely heating up! Whether you’re looking to buy or sell, it’s essential to do your research, seek expert advice, and make informed decisions.