House Prices in Burnley, Lancashire

# Burnley Property Market Summary

Burnley represents one of the most affordable property markets in the UK, with an overall average price of just £97,365 across its substantial housing stock of 31,479 properties. However, recent transaction data reveals a notably different picture, with annual average sale prices ranging between £136,892 and £196,199 since 2017. The market has experienced considerable volatility, with prices peaking at £196,199 in 2022 before moderating to £154,453 in 2024. The early 2025 data suggests renewed upward momentum at £187,011, though this is based on a smaller sample of 592 sales.

Transaction volumes have remained relatively robust throughout the period, with between 1,084 and 2,047 sales annually. The market saw particularly strong activity in 2024 with 2,047 transactions, the highest in the dataset, suggesting sustained buyer interest despite the price correction from 2022's peak. What makes Burnley particularly notable is the stark contrast between its headline average price and recent sale prices, likely reflecting a mix of very affordable terraced housing alongside more substantial properties, making it an area of interest for both first-time buyers and investors seeking value in the Lancashire market.