House Prices in BB1 House Prices in BB1 (Blackburn)

The average house price in BB1 (Blackburn) is £157,895 using HM Land Registry data.

The average property price increased by £29,699 (32.63%) over the last 5 years and increased by £5,951 (4.71%) over the last 12 months.

Over the last year, there were 477 residential property sales – a decrease of 120 transactions (-25.16%) relative to the previous year. The majority of house sales (110) were in the £110,000 - £150,000 range. Then came properties in the £70,000 - £110,000 range, where 103 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,750 (-3%).

In Oct 24, there were 79 new estate agency instructions, 68 agreed home sales and 30 property price reductions.

5-Year Average Property Prices in BB1 (Blackburn)

32.63%

Property prices in Blackburn increased by 32.63% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in BB1 (Blackburn) Over the Last Year

4.71%

Property prices in Blackburn increased by 4.71% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for BB1 (Blackburn) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in BB1 (Blackburn)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in BB1 (Blackburn)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in BB1 (Blackburn)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the BB1 (Blackburn) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BB1 postcode area since 1995.

Recent Sales in BB1 (Blackburn)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Pickering Fold, Blackburn, Blackburn With Darwen, BB1 2LH£199,950£199,950£0005 Apr 202423 Aug 2024140 Days
381 Haslingden Road, Guide, Blackburn, Blackburn With Darwen, BB1 2NG£125,000£110,000-£15,00026 Feb 202416 Aug 2024172 Days
19 Lammack Road, Blackburn, Blackburn With Darwen, BB1 8JW£278,950£270,000-£8,95002 Apr 202431 Jul 2024120 Days
101 Bank Hey Lane North, Blackburn, Blackburn With Darwen, BB1 9QU£220,000£218,000-£2,00019 Mar 202426 Jul 2024129 Days
11 Oxford Drive, Knuzden, Blackburn, Lancashire, BB1 2DW£180,000£173,000-£7,00024 Jan 202426 Jul 2024184 Days
7 Cornwall Avenue, Knuzden, Blackburn, Lancashire, BB1 2DD£164,995£157,500-£7,49504 Dec 202308 Jul 2024217 Days
9 Woodcrest, Wilpshire, Blackburn, Lancashire, BB1 9PR£295,000£281,000-£14,00013 Feb 202408 Jul 2024146 Days
12 Pickering Fold, Blackburn, Blackburn With Darwen, BB1 2LH£215,000£209,300-£5,70003 Apr 202405 Jul 202493 Days
43 Talbot Street, Rishton, Blackburn, Lancashire, BB1 4NZ£79,995£78,000-£1,99530 Oct 202305 Jul 2024249 Days
17 Ribchester Road, Wilpshire, Blackburn, Lancashire, BB1 9JH£475,000£466,000-£9,00026 Jul 202304 Jul 2024344 Days
93 Harwood Road, Rishton, Blackburn, Lancashire, BB1 4DH£130,000£127,500-£2,50013 Nov 202328 Jun 2024228 Days
57 Deganwy Avenue, Blackburn, Blackburn With Darwen, BB1 8EU£175,000£175,000£0016 Mar 202428 Jun 2024104 Days
31 Oakwood Avenue, Blackburn, Blackburn With Darwen, BB1 5QY£185,000£180,000-£5,00026 Jan 202426 Jun 2024152 Days
121 Langham Road, Blackburn, Blackburn With Darwen, BB1 8DP£165,000£160,000-£5,00010 Jan 202420 Jun 2024162 Days
66 Ribchester Road, Clayton Le Dale, Blackburn, Lancashire, BB1 9HQ£350,000£350,000£0024 Aug 202320 Jun 2024301 Days
1 Wasdale Avenue, Blackburn, Blackburn With Darwen, BB1 1XD£130,000£126,000-£4,00001 Nov 202318 Jun 2024230 Days
80 Fecitt Brow, Blackburn, Blackburn With Darwen, BB1 2AZ£170,000£167,000-£3,00026 Feb 202414 Jun 2024109 Days
5 Sands Road, Rishton, Blackburn, Lancashire, BB1 4LT£90,000£90,000£0004 Jul 202314 Jun 2024346 Days
1 Willow Mount, Blackburn, Blackburn With Darwen, BB1 9DA£120,000£95,000-£25,00015 Sep 201414 Jun 20243560 Days
27 Lyndhurst Avenue, Knuzden, Blackburn, Lancashire, BB1 3NH£89,950£67,650-£22,30022 Mar 201307 Jun 20244095 Days

Most Expensive Streets in BB1 (Blackburn)

PostcodeStreetAreaAverageNo. of Sales
BB1 9EERibchester Road, Clayton Le DaleBlackburn£579,5006
BB1 9PJWhalley Road, WilpshireBlackburn£541,6663
BB1 9DLSaccary Lane, MellorBlackburn£535,9273
BB1 9JTWhalley Road, WilpshireBlackburn£531,6663
BB1 9JQGlendene Park, Clayton Le DaleBlackburn£478,3163
BB1 9PNKnowsley Road, WilpshireBlackburn£460,9995
BB1 9EULongsight Road, Copster GreenBlackburn£431,6663
BB1 9LQWhalley Road, WilpshireBlackburn£416,9995
BB1 9HXVicarage Lane, WilpshireBlackburn£403,3256
BB1 8NBRamsgreave DriveBlackburn£397,6005

Least Expensive Streets in BB1 (Blackburn)

PostcodeStreetAreaAverageNo. of Sales
BB1 4HYMary Street, RishtonBlackburn£61,3064
BB1 4PDBurton Street, RishtonBlackburn£61,74912
BB1 3JRCarluke StreetBlackburn£63,1663
BB1 4LLSpring Street, RishtonBlackburn£64,4994
BB1 1RGWinchester StreetBlackburn£64,5005
BB1 2BQHillside WalkBlackburn£64,5836
BB1 4JHHicks Terrace, RishtonBlackburn£65,8163
BB1 2BJHillside CloseBlackburn£65,8333
BB1 9TNWhalley New RoadBlackburn£66,7504
BB1 4LJSchool Street, RishtonBlackburn£67,1128

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