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House Prices in BB2

The average house price in BB2 (Blackburn) is £142,964 using HM Land Registry data.

The average property price increased by £8,953 (19.39%) over the last 5 years and increased by £1,790 (3.06%) over the last 12 months.

Over the last year, there were 591 residential property sales – a decrease of 246 transactions (-41.62%) relative to the previous year. The majority of house sales (167) were in the £70,000 - £116,000 range. Then came properties in the £116,000 - £162,000 range, where 131 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 47 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,039 (-2%).

In June 2024, there were 149 new estate agency instructions, 102 agreed home sales and 45 property price reductions.

5-Year Average Property Prices in BB2 (Blackburn)

19.39%

Property prices in Blackburn increased by 19.39% 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 BB2 (Blackburn) Over the Last Year

3.06%

Property prices in Blackburn increased by 3.06% 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.

Property Market Heat Gauge for BB2 (Blackburn) - June 2024

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 BB2 (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 BB2 (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 BB2 (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 BB2 (Blackburn) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BB2 postcode area since 1995.

Recent Sales in BB2 (Blackburn)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
82 Kings Road, Blackburn, Blackburn With Darwen, BB2 4PY	£145,000	£145,000	£00	11 Sep 2023	16 May 2024	248 Days
5 Lea Drive, Blackburn, Blackburn With Darwen, BB2 4HQ	£235,000	£225,000	-£10,000	21 Jun 2023	13 May 2024	327 Days
8 Carter Fold, Mellor, Blackburn, Lancashire, BB2 7ER	£200,000	£200,000	£00	21 Mar 2024	10 May 2024	50 Days
40 Pritchard Street, Blackburn, Blackburn With Darwen, BB2 3PF	£85,000	£85,000	£00	30 Jan 2024	03 May 2024	94 Days
375 Bolton Road, Blackburn, Blackburn With Darwen, BB2 4HU	£110,000	£102,500	-£7,500	10 Nov 2023	09 Apr 2024	151 Days
3 Victoria Terrace, Mellor Brook, Blackburn, Lancashire, BB2 7PL	£180,000	£180,000	£00	14 Oct 2023	05 Apr 2024	174 Days
18 Mellor Lane, Mellor, Blackburn, Lancashire, BB2 7JR	£170,000	£157,500	-£12,500	25 Sep 2023	05 Apr 2024	193 Days
10 Carter Fold, Mellor, Blackburn, Lancashire, BB2 7ER	£289,995	£286,000	-£3,995	11 Jul 2023	03 Apr 2024	267 Days
2 Pilmuir Road, Blackburn, Blackburn With Darwen, BB2 3HZ	£125,000	£115,000	-£10,000	19 Apr 2023	02 Apr 2024	349 Days
11 Feniscliffe Drive, Blackburn, Blackburn With Darwen, BB2 2UF	£249,995	£248,000	-£1,995	10 Oct 2023	28 Mar 2024	170 Days
15 Witney Avenue, Blackburn, Blackburn With Darwen, BB2 5BB	£99,950	£70,000	-£29,950	01 Jul 2015	22 Mar 2024	3187 Days
20 Manor Road, Blackburn, Blackburn With Darwen, BB2 6LU	£130,000	£123,000	-£7,000	26 Sep 2023	22 Mar 2024	178 Days
White Croft, Sandy Lane, Pleasington, Blackburn, Blackburn With Darwen, BB2 6RE	£735,000	£710,000	-£25,000	11 Aug 2023	21 Mar 2024	223 Days
15 Feildens Farm Lane, Mellor Brook, Blackburn, Lancashire, BB2 7PD	£259,950	£250,000	-£9,950	05 Sep 2023	18 Mar 2024	195 Days
4 Moorland Road, Blackburn, Blackburn With Darwen, BB2 4SA	£260,000	£250,000	-£10,000	19 Sep 2023	08 Mar 2024	171 Days
2 Sunnyside Avenue, Cherry Tree, Blackburn, Blackburn With Darwen, BB2 5NT	£176,000	£171,000	-£5,000	17 Oct 2023	27 Feb 2024	133 Days
5 Moorgate Gardens, Blackburn, Blackburn With Darwen, BB2 4JE	£115,000	£110,000	-£5,000	11 Oct 2023	27 Feb 2024	139 Days
40 Suffolk Street, Blackburn, Blackburn With Darwen, BB2 4ES	£80,000	£80,000	£00	04 Dec 2023	26 Feb 2024	84 Days
38 St Michaels Close, Blackburn, Blackburn With Darwen, BB2 5DG	£217,500	£216,000	-£1,500	28 Sep 2023	22 Feb 2024	147 Days
46 Feniscliffe Drive, Blackburn, Blackburn With Darwen, BB2 2UF	£220,000	£216,000	-£4,000	25 Oct 2023	19 Feb 2024	117 Days

Most Expensive Streets in BB2 (Blackburn)

Postcode	Street	Area	Average	No. of Sales
BB2 6RE	Sandy Lane, Pleasington	Blackburn	£609,998	3
BB2 7HY	Whalley Road, Mellor Brook	Blackburn	£576,487	4
BB2 7AR	Wyfordby Avenue	Blackburn	£544,500	6
BB2 7QA	Woodfold Park Farm, Woodfold Park	Blackburn	£538,508	6
BB2 6QQ	Meins Road	Blackburn	£510,000	3
BB2 7PA	Bosburn Drive, Mellor Brook	Blackburn	£488,200	5
BB2 7EZ	Mire Ash Brow, Mellor	Blackburn	£465,000	3
BB2 5JL	Links Lane, Pleasington	Blackburn	£441,666	3
BB2 7NX	Long Meadow, Mellor Brook	Blackburn	£438,000	5
BB2 7PU	Preston New Road, Mellor Brook	Blackburn	£432,500	6

Least Expensive Streets in BB2 (Blackburn)

Postcode	Street	Area	Average	No. of Sales
BB2 3RY	Walsh Street	Blackburn	£49,625	4
BB2 2PP	Witton Parade	Blackburn	£50,333	3
BB2 2NG	Stansfeld Street	Blackburn	£53,250	4
BB2 3SE	Leach Street	Blackburn	£55,200	5
BB2 4AY	Hollin Bridge Street	Blackburn	£56,765	8
BB2 3RZ	Dyson Street	Blackburn	£56,916	6
BB2 6BF	Weavers Court, Preston New Road	Blackburn	£57,375	12
BB2 2RE	Railway View	Blackburn	£57,500	4
BB2 4AU	Exeter Street	Blackburn	£57,970	5
BB2 2RZ	Queen Victoria Street	Blackburn	£58,583	6