House prices across Merseyside are still higher on average this year than in previous years.
However, there are indications that prices might start to drop, as the market starts to grind to a holt. Nationally, house prices increased by 3.5% in the 12 months to April 2023. While it's still high, it has fallen since March this year, when average was 4.1% up across the UK.
Breaking down the data financially, that means the average price across the country was £286,000 in April, but that was £9,000 higher than 12 months earlier. It's also £7,000 lower than the recent peak in September 2022.
