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House Prices in BB3

The average house price in BB3 (Darwen) is £159,497 using HM Land Registry data.

The average property price increased by £40,570 (30.45%) over the last 5 years and increased by £8,110 (4.46%) over the last 12 months.

Over the last year, there were 411 residential property sales – a decrease of 162 transactions (-39.42%) relative to the previous year. The majority of house sales (102) were in the £70,000 - £110,000 range. Then came properties in the £110,000 - £150,000 range, where 97 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,980 (-3%).

In June 2024, there were 120 new estate agency instructions, 95 agreed home sales and 47 property price reductions.

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.

Property Market Heat Gauge for BB3 (Darwen) - 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
7 Chapter Road, Darwen, Blackburn With Darwen, BB3 3PU	£170,000	£170,000	£00	30 Jan 2024	08 May 2024	99 Days
5 Bisham Close, Darwen, Blackburn With Darwen, BB3 3QX	£285,000	£275,000	-£10,000	10 Jan 2024	03 May 2024	114 Days
18 Park Road, Darwen, Blackburn With Darwen, BB3 2LB	£120,000	£110,000	-£10,000	03 Feb 2024	29 Apr 2024	86 Days
135 Sudell Road, Darwen, Blackburn With Darwen, BB3 3JA	£70,000	£60,000	-£10,000	23 May 2023	26 Apr 2024	339 Days
44 Ellison Fold Terrace, Darwen, Blackburn With Darwen, BB3 3EB	£130,000	£128,000	-£2,000	09 Jan 2024	26 Apr 2024	108 Days
51 Park Road, Darwen, Blackburn With Darwen, BB3 2LB	£150,000	£148,000	-£2,000	16 Oct 2023	19 Apr 2024	186 Days
9 Snape Street, Darwen, Blackburn With Darwen, BB3 1EN	£100,000	£98,000	-£2,000	23 Aug 2023	11 Apr 2024	232 Days
4 Barley Bank Street, Darwen, Blackburn With Darwen, BB3 1NW	£110,000	£100,000	-£10,000	15 Dec 2023	04 Apr 2024	111 Days
119 Cranberry Lane, Darwen, Blackburn With Darwen, BB3 2HL	£169,950	£155,000	-£14,950	19 Sep 2023	02 Apr 2024	196 Days
2 Crambe Heights, Lower Darwen, Darwen, Blackburn With Darwen, BB3 0SZ	£260,000	£254,000	-£6,000	16 Oct 2023	26 Mar 2024	162 Days
17 Chancel Place, Darwen, Blackburn With Darwen, BB3 3RJ	£150,000	£150,000	£00	12 Dec 2023	08 Mar 2024	87 Days
4 Hodgson Street, Darwen, Blackburn With Darwen, BB3 2DS	£89,995	£86,000	-£3,995	10 Oct 2023	08 Mar 2024	150 Days
21 Abbey Crescent, Darwen, Blackburn With Darwen, BB3 3PX	£260,000	£260,000	£00	19 Oct 2023	01 Mar 2024	134 Days
14 Knowlesly Meadows, Darwen, Blackburn With Darwen, BB3 2UP	£340,000	£330,500	-£9,500	05 Oct 2023	01 Mar 2024	148 Days
49 Baron Street, Darwen, Blackburn With Darwen, BB3 1NP	£125,000	£122,500	-£2,500	13 Nov 2023	23 Feb 2024	102 Days
107 Cemetery Road, Darwen, Blackburn With Darwen, BB3 2LZ	£160,000	£157,700	-£2,300	27 Oct 2023	23 Feb 2024	119 Days
107 Greenway Street, Darwen, Blackburn With Darwen, BB3 1EQ	£75,000	£72,000	-£3,000	30 Nov 2023	09 Feb 2024	71 Days
76 Park Road, Darwen, Blackburn With Darwen, BB3 2LJ	£215,000	£200,000	-£15,000	05 Sep 2023	02 Feb 2024	150 Days
14 Devon Street, Darwen, Blackburn With Darwen, BB3 2JZ	£185,000	£183,750	-£1,250	29 Sep 2023	02 Feb 2024	126 Days
50 Higher Croft Road, Lower Darwen, Darwen, Blackburn With Darwen, BB3 0QR	£140,000	£135,000	-£5,000	31 Aug 2023	31 Jan 2024	153 Days

Most Expensive Streets in BB3 (Darwen)

Postcode	Street	Area	Average	No. of Sales
BB3 2LH	Whitehall Road	Darwen	£530,700	5
BB3 2LQ	Park Road	Darwen	£463,333	3
BB3 2HX	Cranberry Fold Court	Darwen	£445,833	3
BB3 2TP	Woodlea Chase	Darwen	£423,000	5
BB3 3QD	Long Hey Lane, Pickup Bank	Darwen	£404,000	3
BB3 2SN	Manor Road	Darwen	£401,000	5
BB3 1JY	Tockholes Road	Darwen	£373,500	9
BB3 2JA	Knowlesly Road	Darwen	£346,000	3
BB3 3JS	Spring Meadows	Darwen	£341,887	4
BB3 2UP	Knowlesly Meadows	Darwen	£340,833	3

Least Expensive Streets in BB3 (Darwen)

Postcode	Street	Area	Average	No. of Sales
BB3 3FD	Lawson Court	Darwen	£51,166	3
BB3 3AP	Ivinson Road	Darwen	£54,666	3
BB3 3DT	Garnett Street	Darwen	£57,875	4
BB3 1EH	Lloyd Street	Darwen	£59,125	4
BB3 2DY	Hilton Road	Darwen	£60,275	4
BB3 3DG	Perry Street	Darwen	£64,852	20
BB3 1ET	Blackburn Road	Darwen	£65,333	3
BB3 3BB	Dearden Court	Darwen	£66,487	4
BB3 1HH	Dean Street	Darwen	£66,750	6
BB3 3DR	Norris Street	Darwen	£67,800	5