HOUSE prices increased by more than the average for the North West in Barrow in November, new figures show.

The average Barrow house price in November was £153,690, Land Registry figures show – a 1.9 per cent increase on October.

Over the last year, the average sale price of property in Barrow rose by £18,000 – putting the area 16th among the North West’s 39 local authorities with price data for annual growth.

The highest annual growth in the region was in Allerdale, where property prices increased on average by 15.6 per cent to £194,000. 

The average UK house price edged down to £295,000 in November 2022, from the previous month's record high of £296,000.

Property prices increased by 10.3 per cent in the year to November, slowing from 12.4 per cent in October.

First-time buyers in Barrow spent an average of £137,000 on their property – £16,000 more than a year ago, and £35,000 more than in November 2017.

Owners of semi-detached houses saw the biggest rise in property prices in Barrow in November – they increased 1.9 per cent, to £186,607 on average. Over the last year, prices rose by 13.1 per cent.