Barnsley sees one of the sharpest declines in property values in 2025
House prices fell by an average of 4.7% in the Yorkshire town
Barnsley has been named as one of the areas with the steepest declines in home values in 2025, according to analysis by Lloyds.
Property values in the South Yorkshire town fell by 4.7% in the 12 months to October 2025.
This represents an average decrease of £10,624 in home values, with the average house price now standing at £215,552.
Barnsley ranked joint ninth among the 10 locations with the biggest percentage drops in house prices over the past year.
Other areas with similar decreases are concentrated in the South East, Midlands, and North West, alongside Cardiff and Brighton.
Crawley and High Wycombe recorded the sharpest declines, with home values falling by 8.9% and 7.4% respectively.
While Barnsley experienced a fall, property values in Yorkshire and the Humber overall saw average growth of 3.6%, with Wakefield and Hull featured among the top 10 hotspots for price increases.
Amanda Bryden, head of mortgages at Lloyds, suggested swings in property values at the local level demonstrate the importance of research when choosing a location:
“If you've got your heart set on a particular location, it's worth taking time out to do some research and see what's happening with prices there, as swings in value at a local level can make a big difference to how much you may need for a deposit, stamp duty or wider moving costs.
“If you're open to exploring, you might find places where your money goes further. Northern regions and Scotland are still generally more affordable than the south of England, with a huge amount to offer in terms of culture and history, alongside some of the most beautiful parts of the UK countryside.”
The Lloyds research examined property trends in the 12 months leading to October 2025, using its own mortgage data and excluding buy-to-let and shared ownership offers.