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House Prices in BB3 House Prices in BB3 (Darwen)

The average house price in BB3 (Darwen) is £140,625 using HM Land Registry data.

The average property price increased by £26,381 (30.45%) over the last 5 years and increased by £5,286 (4.46%) over the last 12 months.

Over the last year, there were 406 residential property sales – a decrease of 103 transactions (-25.37%) relative to the previous year. The majority of house sales (111) were in the £70,000 - £108,000 range. Then came properties in the £108,000 - £146,000 range, where 100 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,980 (-3%).

In Oct 24, there were 78 new estate agency instructions, 67 agreed home sales and 67 property price reductions.

Nearby Postcodes: BB1, BB10, BB11, BB12, BB18, BB2, BB4, BB5, BB6, BB7, BB8, BB9, BD20, BD23, BL1, BL2, BL6, BL7, BL8, HX7, OL13, OL14, PR2, PR25, PR3, PR5, PR6, PR7

5-Year Average Property Prices in BB3 (Darwen)

30.45%

Property prices in Darwen increased by 30.45% 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 BB3 (Darwen) Over the Last Year

4.46%

Property prices in Darwen increased by 4.46% 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 BB3 (Darwen) - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 BB3 (Darwen)

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 BB3 (Darwen)

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 BB3 (Darwen)

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 BB3 (Darwen) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BB3 postcode area since 1995.

Recent Sales in BB3 (Darwen)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Barons Fold, Hoddlesden, Darwen, Blackburn With Darwen, BB3 3PW£230,000£230,000£0009 May 202421 Aug 2024104 Days
26 The Sidings, Darwen, Blackburn With Darwen, BB3 2BD£175,000£175,000£0026 Apr 202416 Aug 2024112 Days
33 Duxbury Street, Darwen, Blackburn With Darwen, BB3 2LA£155,000£155,000£0015 Mar 202415 Aug 2024153 Days
26 Dover Street, Lower Darwen, Darwen, Blackburn With Darwen, BB3 0QA£110,000£105,000-£5,00008 Apr 202414 Aug 2024128 Days
2 Grenada Close, Lower Darwen, Darwen, Blackburn With Darwen, BB3 0SB£260,000£255,000-£5,00007 Dec 202312 Aug 2024249 Days
591 Blackburn Road, Darwen, Blackburn With Darwen, BB3 0AR£99,950£99,950£0026 Apr 202409 Aug 2024105 Days
43 East Park Avenue, Darwen, Blackburn With Darwen, BB3 2SQ£260,000£260,000£0027 Mar 202426 Jul 2024121 Days
4 Belgrave Road, Darwen, Blackburn With Darwen, BB3 2RP£169,950£117,000-£52,95001 Feb 202426 Jul 2024176 Days
46 Earnsdale Avenue, Darwen, Blackburn With Darwen, BB3 1JR£220,000£210,000-£10,00029 Sep 202319 Jul 2024294 Days
11 Cumberland Close, Darwen, Blackburn With Darwen, BB3 2TR£230,000£227,500-£2,50012 Feb 202418 Jul 2024157 Days
491 Blackburn Road, Darwen, Blackburn With Darwen, BB3 0AR£75,000£75,000£0011 Dec 202312 Jul 2024214 Days
2 Robin Bank Road, Darwen, Blackburn With Darwen, BB3 0DE£79,950£75,000-£4,95011 Apr 202405 Jul 202485 Days
20 Starkie Street, Darwen, Blackburn With Darwen, BB3 2BU£75,000£69,000-£6,00026 Dec 202321 Jun 2024178 Days
8 Victoria Buildings, Waterside, Darwen, Blackburn With Darwen, BB3 3PA£120,000£115,000-£5,00022 May 202313 Jun 2024388 Days
3 Sawley Close, Darwen, Blackburn With Darwen, BB3 3QY£325,000£315,000-£10,00029 Jan 202410 Jun 2024133 Days
12 Blacksnape Road, Hoddlesden, Darwen, Blackburn With Darwen, BB3 3PN£210,000£200,000-£10,00016 Feb 202407 Jun 2024112 Days
3 Whitehall Terrace, Darwen, Blackburn With Darwen, BB3 2LL£295,000£285,000-£10,00001 Nov 202303 Jun 2024215 Days
2 Weavers Mews, Darwen, Blackburn With Darwen, BB3 1LU£90,000£90,000£0025 Aug 202331 May 2024280 Days
148 Olive Lane, Darwen, Blackburn With Darwen, BB3 3DJ£95,000£95,000£0024 Jan 202428 May 2024125 Days
11 St Aidans Avenue, Darwen, Blackburn With Darwen, BB3 2BS£190,000£182,500-£7,50026 Sep 202324 May 2024241 Days

Most Expensive Streets in BB3 (Darwen)

PostcodeStreetAreaAverageNo. of Sales
BB3 2LHWhitehall RoadDarwen£530,7005
BB3 2LQPark RoadDarwen£463,3333
BB3 2TPWoodlea ChaseDarwen£423,0005
BB3 3QDLong Hey Lane, Pickup BankDarwen£404,0003
BB3 2SNManor RoadDarwen£401,0005
BB3 2NJHillside GardensDarwen£399,8333
BB3 1JYTockholes RoadDarwen£382,6878
BB3 1NXWillow Bank LaneDarwen£363,3333
BB3 3JSSpring MeadowsDarwen£341,8874
BB3 2UPKnowlesly MeadowsDarwen£340,8333

Least Expensive Streets in BB3 (Darwen)

PostcodeStreetAreaAverageNo. of Sales
BB3 3APIvinson RoadDarwen£54,6663
BB3 3FDLawson CourtDarwen£55,6254
BB3 1EHLloyd StreetDarwen£59,1254
BB3 2DYHilton RoadDarwen£60,2754
BB3 3DTGarnett StreetDarwen£61,5004
BB3 2RUHesse StreetDarwen£62,5003
BB3 1ETBlackburn RoadDarwen£65,3333
BB3 3BBDearden CourtDarwen£66,4874
BB3 1HHDean StreetDarwen£66,7506
BB3 3DGPerry StreetDarwen£66,75220

Explore BB3 (Darwen) using map

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