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House Prices in FY1 House Prices in FY1 (Blackpool)

The average house price in FY1 (Blackpool) is £117,512 using HM Land Registry data.

The average property price increased by £20,681 (10.58%) over the last 5 years and increased by £4,143 (1.78%) over the last 12 months.

Over the last year, there were 291 residential property sales – a decrease of 132 transactions (-45.36%) relative to the previous year. The majority of house sales (78) were in the £76,000 - £102,000 range. Then came properties in the £102,000 - £128,000 range, where 54 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 130 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,396 (-4%).

In Dec 24, there were 53 new estate agency instructions, 44 agreed home sales and 62 property price reductions.

Nearby Postcodes: FY2, FY3, FY4, FY5, FY6, FY8, PR4

5-Year Average Property Prices in FY1 (Blackpool)

10.58%

Property prices in Blackpool increased by 10.58% 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 FY1 (Blackpool) Over the Last Year

1.78%

Property prices in Blackpool increased by 1.78% 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 FY1 (Blackpool) - Dec 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 FY1 (Blackpool)

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 FY1 (Blackpool)

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 FY1 (Blackpool)

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 FY1 (Blackpool) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the FY1 postcode area since 1995.

Recent Sales in FY1 (Blackpool)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Beresford Street, Blackpool, FY1 3RF£79,950£75,000-£4,95031 May 202418 Nov 2024171 Days
2 Sutherland Road, Blackpool, FY1 2QT£115,000£110,000-£5,00015 Mar 202414 Nov 2024244 Days
77 Sharow Grove, Blackpool, FY1 5NE£105,000£100,000-£5,00006 Jul 202413 Nov 2024130 Days
159a, Westmorland Avenue, Blackpool, FY1 5QR£110,000£105,000-£5,00007 Jun 202408 Nov 2024154 Days
22 Ferguson Road, Blackpool, FY1 6RL£90,000£82,500-£7,50025 Apr 202405 Nov 2024194 Days
10 Avon Place, Blackpool, FY1 2QX£120,000£120,000£0029 Aug 202404 Nov 202467 Days
12 Hebden Avenue, Blackpool, FY1 6NE£135,000£131,000-£4,00024 Apr 202417 Oct 2024176 Days
6 Chadfield Road, Blackpool, FY1 5NS£140,000£135,000-£5,00005 Jun 202416 Oct 2024133 Days
30 Cumberland Avenue, Blackpool, FY1 5QL£250,000£236,000-£14,00016 May 202422 Aug 202498 Days
105 Westmorland Avenue, Blackpool, FY1 5PF£112,000£106,000-£6,00021 May 202422 Aug 202493 Days
33 Regent Road, Blackpool, FY1 4NB£120,000£50,000-£70,00007 Feb 202422 Aug 2024197 Days
28 Cheltenham Road, Blackpool, FY1 2PR£119,000£119,000£0013 May 202421 Aug 2024100 Days
9 Wall Street, Blackpool, FY1 2EG£82,500£78,000-£4,50005 Apr 202409 Aug 2024126 Days
7 Montreal Avenue, Blackpool, FY1 4DT£140,000£135,000-£5,00019 Apr 202431 Jul 2024103 Days
45 Boothley Road, Blackpool, FY1 3RS£90,000£87,500-£2,50023 Jan 202423 Jul 2024182 Days
1 Lichfield Road, Blackpool, FY1 2RS£100,000£100,000£0007 Jun 202419 Jul 202442 Days
18 Kingsland Grove, Blackpool, FY1 5NN£105,000£105,000£0012 Mar 202417 Jul 2024127 Days
85 Cocker Street, Blackpool, FY1 2EB£94,500£91,000-£3,50014 May 202416 Jul 202463 Days
21 Nuttall Road, Blackpool, FY1 6NT£130,000£126,000-£4,00015 Jun 202312 Jul 2024393 Days
14 Arnside Avenue, Blackpool, FY1 6NB£139,950£135,000-£4,95028 Feb 202412 Jul 2024135 Days

Most Expensive Streets in FY1 (Blackpool)

PostcodeStreetAreaAverageNo. of Sales
FY1 4EZLeamington RoadBlackpool£233,3313
FY1 6RTSt Vincent AvenueBlackpool£225,5005
FY1 4EJGloucester AvenueBlackpool£203,0003
FY1 4JDReads AvenueBlackpool£192,5004
FY1 4BXPalatine RoadBlackpool£191,3333
FY1 5QLCumberland AvenueBlackpool£178,2508
FY1 2SFHolly RoadBlackpool£175,6878
FY1 2RWWarley RoadBlackpool£174,4217
FY1 2SELinks RoadBlackpool£174,0003
FY1 4HTPark RoadBlackpool£173,6003

Least Expensive Streets in FY1 (Blackpool)

PostcodeStreetAreaAverageNo. of Sales
FY1 4JLKingsley Court, Park RoadBlackpool£37,6503
FY1 5AXNaventis Court, Singleton Street, BlackpoolBlackpool£39,6663
FY1 5DLPromenadeBlackpool£41,3009
FY1 2JDRichmond Court, Ashburton RoadBlackpool£53,2005
FY1 6AEBolton StreetBlackpool£57,7416
FY1 3LHMilbourne StreetBlackpool£59,2857
FY1 2RHSutherland ViewBlackpool£59,6119
FY1 3LXDanesbury PlaceBlackpool£60,3005
FY1 5NFGrasmere RoadBlackpool£60,3333
FY1 5HPGrasmere RoadBlackpool£60,4449

Explore FY1 (Blackpool) using map

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