Accrington House Prices Accrington House Prices

The average house price in Accrington is £170,225 using HM Land Registry data.

The average property price increased by £36,417 (33.34%) over the last 5 years and increased by £7,281 (5.26%) over the last 12 months.

Over the last year, there were 298 residential property sales – a decrease of 187 transactions (-62.75%) relative to the previous year. The majority of house sales (85) were in the £50,000 - £86,000 range. Then came properties in the £86,000 - £122,000 range, where 72 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 52 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,753 (-4%).

In Oct 24, there were 43 new estate agency instructions, 39 agreed home sales and 30 property price reductions.

5-Year Average Property Prices in Accrington

33.34%

Property prices in Accrington increased by 33.34% 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 Accrington Over the Last Year

5.26%

Property prices in Accrington increased by 5.26% 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 Accrington - 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 Accrington

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 Accrington

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 Accrington

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 Accrington since 1995

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

Recent Property Sales in Accrington

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
499 Burnley Road, Accrington, Lancashire, BB5 6LD£220,000£215,000-£5,00011 Apr 202409 Aug 2024120 Days
3 Oswald Street, Accrington, Lancashire, BB5 6SL£70,000£69,000-£1,00011 Sep 202308 Aug 2024332 Days
7 Whitaker Street, Accrington, Lancashire, BB5 5AJ£130,000£127,000-£3,00015 May 202431 Jul 202477 Days
55 Wordsworth Road, Accrington, Lancashire, BB5 0LU£80,000£78,000-£2,00006 Mar 202431 Jul 2024147 Days
51 Bradford Street, Accrington, Lancashire, BB5 6TB£62,500£60,000-£2,50019 Mar 202426 Jul 2024129 Days
3 Entwisle Road, Accrington, Lancashire, BB5 5AE£149,950£147,500-£2,45008 May 202425 Jul 202478 Days
40 Ribblesdale Avenue, Accrington, Lancashire, BB5 5BH£115,000£115,000£0028 Feb 202419 Jul 2024142 Days
16 Moss Hall Road, Accrington, Lancashire, BB5 5AZ£160,000£145,000-£15,00023 Feb 202412 Jul 2024140 Days
15 Loweswater Close, Accrington, Lancashire, BB5 6RF£290,000£285,000-£5,00026 Jan 202412 Jul 2024168 Days
46 Pinewood Drive, Accrington, Lancashire, BB5 6UG£255,000£245,000-£10,00011 Dec 202304 Jul 2024206 Days
3 Edward Street, Baxenden, Accrington, Lancashire, BB5 2RW£100,000£100,000£0021 Mar 202402 Jul 2024103 Days
134 Avenue Parade, Accrington, Lancashire, BB5 6QB£99,950£99,950£0001 Aug 202321 Jun 2024325 Days
22 Hollins Lane, Accrington, Lancashire, BB5 2LY£200,000£200,000£0015 Nov 202314 Jun 2024212 Days
144 Manchester Road, Accrington, Lancashire, BB5 2PD£185,000£179,000-£6,00027 Feb 202413 Jun 2024107 Days
1 Epsom Way, Accrington, Lancashire, BB5 2AP£150,000£144,200-£5,80023 Nov 202307 Jun 2024197 Days
53 Ribblesdale Avenue, Accrington, Lancashire, BB5 5BQ£119,950£115,000-£4,95025 Oct 202307 Jun 2024226 Days
68 Maudsley Street, Accrington, Lancashire, BB5 6AD£62,000£59,000-£3,00027 Nov 202331 May 2024186 Days
413 Manchester Road, Accrington, Lancashire, BB5 2QF£189,950£187,000-£2,95022 Jan 202431 May 2024130 Days
3 Woburn Close, Accrington, Lancashire, BB5 2TS£350,000£350,000£0027 Mar 202429 May 202463 Days
49 Wordsworth Road, Accrington, Lancashire, BB5 0LU£90,000£90,000£0021 Oct 202324 May 2024216 Days

Most Expensive Streets in Accrington

PostcodeStreetAreaAverageNo. of Sales
BB5 2JTNewton DriveAccrington£348,2005
BB5 2RLPartridge DriveAccrington£345,9833
BB5 2JSHollins LaneAccrington£344,9833
BB5 2LBHollins LaneAccrington£326,8128
BB5 2LERoyds AvenueAccrington£301,7905
BB5 2JXRoyds AvenueAccrington£300,20010
BB5 2PJWoodfield AvenueAccrington£293,28214
BB5 2LLQuarry HillAccrington£290,2506
BB5 2XFIcconhurst CloseAccrington£285,1663
BB5 2TWSherbourne RoadAccrington£279,9833

Least Expensive Streets in Accrington

PostcodeStreetAreaAverageNo. of Sales
BB5 1QSFrederick StreetAccrington£39,3333
BB5 2NJWellington StreetAccrington£41,2814
BB5 2HHBelfield RoadAccrington£41,9587
BB5 1BQMason StreetAccrington£42,6663
BB5 0QRFountain StreetAccrington£43,5717
BB5 2HJEdmund StreetAccrington£46,5003
BB5 0PYCarter StreetAccrington£46,6005
BB5 1BWHood StreetAccrington£47,5008
BB5 1BPDerby StreetAccrington£47,53813
BB5 0AABlackburn RoadAccrington£47,9374

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