House prices dropped by 0.6 per cent in Barrow in November, new figures show.
But the drop does not reverse the longer-term trend, which has seen property prices in the area achieve 3.8 per cent annual growth.
The average Barrow house price in November was £127,862, Land Registry figures show – a 0.6 per cent decrease on October.
Over the month, the picture was worse than that across the North West, where prices increased 0.2 per cent, and Barrow underperformed compared to the 1.2 per cent rise for the UK as a whole.
Over the last year, the average sale price of property in Barrow rose by £4,600 – putting the area 38th among the North West’s 43 local authorities for annual growth.
The best annual growth in the region was in Burnley, where property prices increased on average by 15.4%, to £99,000. At the other end of the scale, properties in Ribble Valley gained 0.4 per cent in value, giving an average price of £219,000.
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