Market outlook for Pendle
Key indicators for buyers
The Pendle market looks favourable for buyers. Prices are rising at 6.0%, which may favour acting sooner rather than later. Affordability has improved from a peak of 5.5x in 2021 to 4.5x today. Rising rents (£643/mo, +6.1%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Pendle costs 4.5x the local median salary — relatively affordable, improving from a peak of 5.5x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Pendle is £643, up 6.1% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Pendle price of £146,540 with a 25% deposit (£37k), a 2-year fixed mortgage at 3.97% costs around £578 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£578) are £65 less than renting (£643). However, buying requires an upfront deposit of £37k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
56, LOWER ROOK STREET BB18 6AD | Terraced | £173,500 | 29 Jan 2026 |
26, SACKVILLE STREET, BRIERFIELD BB9 5LE | Terraced | £110,000 | 29 Jan 2026 |
52, LANCASTER GATE BB9 0AP | Semi-detached | £150,000 | 28 Jan 2026 |
176, HALLAM ROAD BB9 8DL | Semi-detached | £81,000 | 28 Jan 2026 |
20, GIBFIELD ROAD BB8 8JT | Terraced | £131,000 | 28 Jan 2026 |
26, MILLBECK LANE, KELBROOK BB18 6SL | Terraced | £230,000 | 23 Jan 2026 |
102, BRUNSWICK STREET BB9 0SL | Terraced |
Explore postcodes in Pendle
3postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.