Homeowners in Blackburn sold their properties for 3 per cent less than the asking price last year - however a local estate agent has not seen the same picture.
People who sold their house in a BB1 postcode lost an average of 3.58 per cent of the asking price between July 2020 and July 2021.
The average price of 120 homes sold in the postcode was £162,719 however homes sold for an average of £157,089 - a price drop of £5,630.
Despite this, estate agent Entwistle Green has seen a different story, with assistant Manager of the Blackburn branch, Julie Bracewell, saying that most of their homes in Blackburn have sold above the asking price over the last year.