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House Prices in BB4 House Prices in BB4 (Rossendale)

The average house price in BB4 (Rossendale) is £223,681 using HM Land Registry data.

The average property price increased by £62,063 (52.02%) over the last 5 years and increased by £12,436 (6.68%) over the last 12 months.

Over the last year, there were 404 residential property sales – a decrease of 188 transactions (-46.53%) relative to the previous year. The majority of house sales (120) were in the £100,000 - £154,000 range. Then came properties in the £154,000 - £208,000 range, where 98 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,568 (-3%).

In Oct 24, there were 101 new estate agency instructions, 83 agreed home sales and 89 property price reductions.

Nearby Postcodes: BB1, BB10, BB11, BB12, BB18, BB2, BB3, BB5, BB6, BB7, BB8, BB9, BD20, BD23, BL0, BL1, BL2, BL6, BL7, BL8, BL9, HX7, M26, OL11, OL12, OL13, OL14, OL15, OL16, PR3, PR6

5-Year Average Property Prices in BB4 (Rossendale)

52.02%

Property prices in Rossendale increased by 52.02% 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 BB4 (Rossendale) Over the Last Year

6.68%

Property prices in Rossendale increased by 6.68% 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 BB4 (Rossendale) - 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 BB4 (Rossendale)

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 BB4 (Rossendale)

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 BB4 (Rossendale)

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 BB4 (Rossendale) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BB4 postcode area since 1995.

Recent Sales in BB4 (Rossendale)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Shawclough Road, Rossendale, Lancashire, BB4 9JZ£145,000£140,000-£5,00022 Feb 202423 Aug 2024183 Days
21 Langwood Gardens, Haslingden, Rossendale, Lancashire, BB4 5PT£185,000£175,000-£10,00009 May 202416 Aug 202499 Days
1086 Burnley Road East, Rossendale, Lancashire, BB4 9PX£189,950£189,950£0028 May 202416 Aug 202480 Days
69 Booth Road, Waterfoot, Rossendale, Lancashire, BB4 9BP£475,000£450,000-£25,00021 Jun 202312 Aug 2024418 Days
9 Hollinwood Drive, Rawtenstall, Rossendale, Lancashire, BB4 8DE£390,000£385,000-£5,00028 Feb 202412 Aug 2024166 Days
170 Haslingden Old Road, Rawtenstall, Rossendale, Lancashire, BB4 8RS£299,995£295,000-£4,99510 May 202409 Aug 202491 Days
220a, Bacup Road, Rawtenstall, Rossendale, Lancashire, BB4 7PA£165,000£158,000-£7,00022 Nov 202307 Aug 2024259 Days
289 Edgeside Lane, Edgeside, Rossendale, Lancashire, BB4 9UD£229,950£229,950£0026 Mar 202402 Aug 2024129 Days
11 Alexandria Street, Rossendale, Lancashire, BB4 8HP£172,500£168,000-£4,50016 Apr 202431 Jul 2024106 Days
652 Bacup Road, Waterfoot, Rossendale, Lancashire, BB4 7AW£185,000£173,460-£11,54002 Jan 202426 Jul 2024206 Days
34 Kingston Crescent, Helmshore, Rossendale, Lancashire, BB4 4LH£495,000£487,500-£7,50030 Nov 202323 Jul 2024236 Days
248 Burnley Road East, Rossendale, Lancashire, BB4 9DQ£179,950£170,000-£9,95008 Apr 202422 Jul 2024105 Days
8 Spencer Street, Crawshawbooth, Rossendale, Lancashire, BB4 8PN£175,000£175,000£0027 Feb 202419 Jul 2024143 Days
7 Oaklands Drive, Rossendale, Lancashire, BB4 6SA£299,950£297,500-£2,45022 Jan 202419 Jul 2024179 Days
39 Booth Road, Waterfoot, Rossendale, Lancashire, BB4 9BQ£149,950£149,950£0027 Feb 202417 Jul 2024141 Days
10 Helmshore Road, Haslingden, Rossendale, Lancashire, BB4 4BG£340,000£335,000-£5,00014 Nov 202317 Jul 2024246 Days
13 Whitehead Street, Rawtenstall, Rossendale, Lancashire, BB4 7RB£125,000£125,000£0025 Apr 202415 Jul 202481 Days
4 Grane Street, Haslingden, Rossendale, Lancashire, BB4 5NB£155,000£152,000-£3,00014 Feb 202412 Jul 2024149 Days
8 Rutland Walk, Haslingden, Rossendale, Lancashire, BB4 4HH£130,000£130,000£0005 Mar 202412 Jul 2024129 Days
797 Burnley Road, Rossendale, Lancashire, BB4 8BW£150,000£138,500-£11,50002 Feb 202411 Jul 2024160 Days

Most Expensive Streets in BB4 (Rossendale)

PostcodeStreetAreaAverageNo. of Sales
BB4 8TQPenny Bank Close, LovecloughRossendale£786,6503
BB4 6RQMelia CloseRossendale£596,0003
BB4 7TEDobbin LaneRossendale£555,0003
BB4 8URMitton AvenueRossendale£555,0004
BB4 7TBJohnny Barn CloseRossendale£540,2508
BB4 6SWLower Cribden AvenueRossendale£530,7488
BB4 7TRNewchurch Road, CloughfoldRossendale£487,5004
BB4 4AXAlden Close, HelmshoreRossendale£478,3754
BB4 8UXPendleton AvenueRossendale£476,0003
BB4 6QXHaslingden Road, RawtenstallRossendale£473,7077

Least Expensive Streets in BB4 (Rossendale)

PostcodeStreetAreaAverageNo. of Sales
BB4 9DNWales RoadRossendale£53,2793
BB4 6NRRifle Street, HaslingdenRossendale£68,6663
BB4 7AUMillar Barn LaneRossendale£73,1804
BB4 7JABacup Road, WaterfootRossendale£79,0995
BB4 5PWLangwood Court, HaslingdenRossendale£80,00010
BB4 5THStore Street, HaslingdenRossendale£80,1663
BB4 7AZTownsend Street, WaterfootRossendale£82,2169
BB4 7BWLench StreetRossendale£82,6124
BB4 9ARBurnley Road EastRossendale£85,7559
BB4 5EFProspect Hill, HaslingdenRossendale£85,9378

Explore BB4 (Rossendale) using map

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