# Property Market Summary: Colne
Colne represents an affordable segment of the UK property market, with an average property price of £114,578 across 7,372 properties. The area has demonstrated notable volatility in recent years, with prices climbing steadily from approximately £170,000 in 2017 to a peak of £211,157 in 2022. This upward trajectory reflected the broader national trend during the pandemic-driven property boom. However, the market has experienced fluctuation since, with 2023 showing a marked correction to £158,327 before recovering to £186,281 in 2024 and continuing upward to £198,728 in early 2025.
Transaction volumes reveal an active market, with the 2021 surge to 520 sales highlighting the pandemic's impact on buyer demand. The market has since normalised, with 396 sales recorded in 2024 maintaining healthy activity levels. What makes Colne particularly notable is its position as an accessible entry point for first-time buyers and investors seeking value in the Lancashire property market, offering significantly lower prices than national averages whilst demonstrating capacity for growth during favourable market conditions.
The average house price in Colne, Lancashire is £114,578. Prices range from £150 to £35,750,000.
There are 7,372 properties in Colne with 9,501 recorded transactions since 1995.
The median house price in Colne is £75,500, compared to an average of £114,578.
Colne has 4,542 terraced properties, 1,383 semi-detached properties, 964 detached properties, 261 flat / maisonette properties.
Average house prices in Colne have risen by 41.4% from £38,897 in 1995 to £55,000 in 2026.
The most popular streets in Colne by number of properties include Skipton Road, Keighley Road, Burnley Road, Langroyd Road, Skipton Old Road.
Colne is located in Lancashire, in the Pendle district.