Is buying a home in St Helens a good investment?

St Helens is conveniently situated between Liverpool and Wigan. Its community spirit, excellent schools and friendly, peaceful neighbourhoods attract people to move there.

There are plenty of affordable homes in St Helens. According to property website Zoopla, the average price of a terrace house in the area is £120,000 and flats are, on average, £95,000. Larger detached houses sell for an average of £346,300, and semi-detached for £210,000. The average house price in the UK is £282,000, according to government statistics.

For those considering moving to St Helens, finding an affordable home is a priority. A home can also be seen as an investment that should rise in value over several years. In 2023, the average property price in St Helens fell by 2%. However, future predictions of house prices are optimistic. Savills Residential Property Forecast estimates that by 2028 house prices in the North West which includes St Helens will rise by 20.2% compared to the UK average rise of 17.9%.

A BBC report said that rents for homes in St Helens rose by 10.1% in 2023. If you need to be away from your St Helens home for a prolonged period, you could find tenants who are prepared to pay a good rent.

If you are moving to St Helens, you’ll probably need a reliable St Helens removals service. At Merseyside Movers & Storers, we’ll take care of safely transporting your belongings to your new St Helens home.