You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in BB9

House Prices in BB9

The average house price in BB9 (Nelson) is £98,203 using HM Land Registry data.

The average property price increased by £34,045 (43.85%) over the last 5 years and increased by £6,822 (5.91%) over the last 12 months.

Over the last year, there were 442 residential property sales – a decrease of 75 transactions (-16.97%) relative to the previous year. The majority of house sales (138) were in the £50,000 - £90,000 range. Then came properties in the £90,000 - £130,000 range, where 94 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 £-5,827 (-3%).

In Oct 24, there were 57 new estate agency instructions, 62 agreed home sales and 48 property price reductions.

5-Year Average Property Prices in BB9 (Nelson)

43.85%

Property prices in Nelson increased by 43.85% 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 BB9 (Nelson) Over the Last Year

5.91%

Property prices in Nelson increased by 5.91% 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 BB9 (Nelson) - 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 BB9 (Nelson)

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 BB9 (Nelson)

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 BB9 (Nelson)

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 BB9 (Nelson) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BB9 postcode area since 1995.

Recent Sales in BB9 (Nelson)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
31 Heather Close, Brierfield, Nelson, Lancashire, BB9 5HB	£260,000	£260,000	£00	27 May 2024	07 Aug 2024	72 Days
21 Garnett Street, Barrowford, Nelson, Lancashire, BB9 8PA	£120,000	£115,000	-£5,000	11 May 2023	26 Jul 2024	442 Days
41 Nora Street, Barrowford, Nelson, Lancashire, BB9 8NS	£139,000	£132,500	-£6,500	16 Oct 2023	19 Jul 2024	277 Days
57 Lomeshaye Road, Nelson, Lancashire, BB9 7AS	£139,950	£90,000	-£49,950	11 Mar 2022	18 Jul 2024	860 Days
46 Kelswick Drive, Nelson, Lancashire, BB9 0SZ	£170,000	£170,000	£00	21 Mar 2024	12 Jul 2024	113 Days
9 Rimington Place, Nelson, Lancashire, BB9 8DE	£114,950	£110,000	-£4,950	08 Jan 2024	12 Jul 2024	186 Days
4 Brier Crescent, Nelson, Lancashire, BB9 0QD	£199,950	£199,950	£00	23 Feb 2024	10 Jul 2024	138 Days
203 Halifax Road, Brierfield, Nelson, Lancashire, BB9 5BJ	£80,000	£60,000	-£20,000	09 Nov 2016	05 Jul 2024	2795 Days
5 Clough Springs, Barrowford, Nelson, Lancashire, BB9 6RN	£159,950	£153,000	-£6,950	15 Dec 2023	05 Jul 2024	203 Days
8 Perth Street, Nelson, Lancashire, BB9 8EE	£75,000	£75,000	£00	24 Jan 2024	05 Jul 2024	163 Days
31 Applegarth, Barrowford, Nelson, Lancashire, BB9 6RR	£400,000	£385,000	-£15,000	24 Jan 2024	05 Jul 2024	163 Days
84 Railway Street, Nelson, Lancashire, BB9 9AL	£105,000	£100,000	-£5,000	16 Feb 2024	02 Jul 2024	137 Days
14 Napier Street, Nelson, Lancashire, BB9 0SN	£75,000	£72,000	-£3,000	20 Feb 2024	01 Jul 2024	132 Days
384 Leeds Road, Nelson, Lancashire, BB9 8ET	£95,000	£92,000	-£3,000	23 Nov 2023	27 Jun 2024	217 Days
13 Vulcan Street, Nelson, Lancashire, BB9 8HE	£115,000	£110,000	-£5,000	25 Apr 2023	20 Jun 2024	422 Days
2 York Road, Brierfield, Nelson, Lancashire, BB9 5JN	£65,000	£65,000	£00	21 Feb 2024	20 Jun 2024	120 Days
30 Hazelwood Road, Nelson, Lancashire, BB9 9NF	£149,950	£145,000	-£4,950	05 Mar 2024	20 Jun 2024	107 Days
265 Chapel House Road, Nelson, Lancashire, BB9 0QS	£59,950	£50,000	-£9,950	14 Feb 2020	19 Jun 2024	1587 Days
71 Chapel Street, Brierfield, Nelson, Lancashire, BB9 5DF	£80,000	£75,000	-£5,000	28 Dec 2023	13 Jun 2024	168 Days
29 Linkside Avenue, Nelson, Lancashire, BB9 9LJ	£199,000	£185,000	-£14,000	02 Feb 2024	12 Jun 2024	131 Days

Most Expensive Streets in BB9 (Nelson)

Postcode	Street	Area	Average	No. of Sales
BB9 6QH	Sandy Hall Lane, Barrowford	Nelson	£651,666	3
BB9 6AX	Ribblesdale Place, Barrowford	Nelson	£495,500	5
BB9 6QF	Parrock Road, Barrowford	Nelson	£489,000	3
BB9 6QN	Wheatley Lane Road, Barrowford	Nelson	£466,500	4
BB9 6AN	Grange Avenue, Barrowford	Nelson	£466,333	6
BB9 6LU	Willaston Avenue, Blacko	Nelson	£405,300	5
BB9 6LP	Gisburn Road, Blacko	Nelson	£385,737	4
BB9 6LX	Beverley Road, Blacko	Nelson	£373,135	7
BB9 6LW	Hollin Fold, Blacko	Nelson	£360,666	3
BB9 6RR	Applegarth, Barrowford	Nelson	£360,000	5

Least Expensive Streets in BB9 (Nelson)

Postcode	Street	Area	Average	No. of Sales
BB9 5SL	Castle Street, Brierfield	Nelson	£28,831	3
BB9 5LJ	Montague Street, Brierfield	Nelson	£34,526	3
BB9 0NN	Bath Street	Nelson	£37,500	4
BB9 9HR	Belgrave Street	Nelson	£39,944	9
BB9 9HH	Smith Street	Nelson	£44,333	3
BB9 9HX	Rhoda Street	Nelson	£44,746	4
BB9 9JB	Whitehall Street	Nelson	£44,859	10
BB9 0TB	Southfield Street	Nelson	£45,799	5
BB9 0RG	Napier Street	Nelson	£46,333	3
BB9 9DB	Vernon Street	Nelson	£46,666	3