Warrington’s property market might be cooling off a bit. June saw a slight dip in house prices, offering a glimmer of hope for eager buyers.

But this little dip doesn’t mean a complete U-turn. Warrington’s house prices are still up 0.3% over the past year.

What’s Happening in Warrington?

• The average house price in June was £252,222 – a tiny 0.3% drop from May.
• This bucks the trend in the North West, where prices actually climbed 0.3%.
• Looking back over the year, Warrington house prices have gone up by £870.

North West Property Prices: A Mixed Bag

It’s a bit of a property postcode lottery in the North West:

• Cheshire East: Top of the charts with prices soaring by 10.2% over the year (that’s an average of £301,000!).
• Pendle: Prices tumbled by 2.9% (average price of £128,000).
• Warrington: Somewhere in the middle with its 0.3% increase.

First-Time Buyers: Digging Deep

Thinking of taking your first step onto the property ladder in Warrington? Get ready to shell out:

• First-time buyers paid an average of £208,090 in June – Ouch! That’s £510 more than a year ago.

Moving Up?

Those already on the property ladder are sitting pretty:

• People moving from one house to another paid around £291,210 in June – almost 40% more than first-timers.

Flat Out Unlucky?

If you own a flat in Warrington, you might want to look away now. Flats saw the biggest price drop in June:

• Prices dipped by 0.5% to an average of £143,377.
• Looking back over the year, flat prices have actually dropped by 1.7%.

What about other property types?

• Detached: Prices dipped slightly in June but are still up 1.1% annually (average price: £422,220).
• Semi-detached: A similar story – a small monthly dip but a 0.6% annual increase (average price: £248,474).
• Terraced: A tiny dip in June, but up slightly over the year (average price: £198,410).

How Does Warrington Compare?

• Warrington is pricier than the North West average – buyers paid 14.4% more here.
• The average house price in the North West is £220,000.
• Zoom out to the UK as a whole and the average rockets to £288,000.

North West Property Hotspots

• Trafford: Trafford boasts the most expensive properties in the North West, with an eye-watering average price of £375,000.
• Burnley: At the other end of the scale, Burnley offers the cheapest properties, with an average price of £112,000.

So, what does this all mean? It’s a bit of a waiting game. Will this June dip turn into a longer-term trend? Keep your eyes peeled for next month’s figures!