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House Prices in BB4 House Prices in BB4 (Rossendale)

The average house price in BB4 (Rossendale) is £214,720 using HM Land Registry data.

The average property price increased by £68,273 (52.02%) over the last 5 years and increased by £13,649 (6.68%) over the last 12 months.

Over the last year, there were 440 residential property sales – a decrease of 211 transactions (-47.95%) relative to the previous year. The majority of house sales (128) were in the £100,000 - £154,000 range. Then came properties in the £154,000 - £208,000 range, where 99 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 June 2024, there were 93 new estate agency instructions, 86 agreed home sales and 57 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) - 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 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
11 Ogden Drive, Helmshore, Rossendale, Lancashire, BB4 4NN£385,000£380,000-£5,00020 Nov 202310 May 2024172 Days
8 St James Street, Rawtenstall, Rossendale, Lancashire, BB4 8EX£115,000£112,000-£3,00003 Oct 202308 May 2024218 Days
25 Oakley Road, Rawtenstall, Rossendale, Lancashire, BB4 6RB£300,000£285,000-£15,00023 Jan 202407 May 2024105 Days
1 School Street, Crawshawbooth, Rossendale, Lancashire, BB4 8BN£185,000£175,000-£10,00015 Dec 202303 May 2024140 Days
4 Hargreaves Fold Lane, Rossendale, Lancashire, BB4 9PR£125,000£120,000-£5,00028 Nov 202303 May 2024157 Days
31 Station Road, Helmshore, Rossendale, Lancashire, BB4 4NH£175,000£168,000-£7,00009 Jan 202402 May 2024114 Days
13 Whinberry Avenue, Rawtenstall, Rossendale, Lancashire, BB4 6AR£150,000£150,000£0014 Nov 202315 Apr 2024153 Days
27 Schofield Road, Rawtenstall, Rossendale, Lancashire, BB4 8SL£180,000£180,000£0011 Nov 202312 Apr 2024153 Days
99 Bury Road, Haslingden, Rossendale, Lancashire, BB4 5PE£120,000£120,000£0020 Nov 202312 Apr 2024144 Days
15 Narcissus Avenue, Haslingden, Rossendale, Lancashire, BB4 6LG£260,000£260,000£0001 Feb 202412 Apr 202471 Days
7 Shawclough Street, Whitewell Bottom, Rossendale, Lancashire, BB4 9JY£230,000£220,000-£10,00018 Sep 202311 Apr 2024206 Days
397 Burnley Road East, Rossendale, Lancashire, BB4 9LB£160,000£160,000£0016 Apr 202105 Apr 20241085 Days
205 Blackburn Road, Haslingden, Rossendale, Lancashire, BB4 5JG£100,000£71,000-£29,00008 Nov 202328 Mar 2024141 Days
110 Booth Crescent, Waterfoot, Rossendale, Lancashire, BB4 9BU£175,000£170,000-£5,00011 Sep 202325 Mar 2024196 Days
42 Station Road, Helmshore, Rossendale, Lancashire, BB4 4NH£325,000£321,000-£4,00009 Jan 202425 Mar 202476 Days
10 Charles Street, Edgeside, Rossendale, Lancashire, BB4 9JG£150,000£135,000-£15,00030 Jan 202425 Mar 202455 Days
11 Fern Street, Waterfoot, Rossendale, Lancashire, BB4 9BL£219,950£195,000-£24,95005 Dec 202322 Mar 2024108 Days
83 Newchurch Road, Rawtenstall, Rossendale, Lancashire, BB4 7QX£350,000£350,000£0025 Aug 202322 Mar 2024210 Days
41 Church Street, Haslingden, Rossendale, Lancashire, BB4 5QU£130,000£120,000-£10,00005 Oct 202321 Mar 2024168 Days
4 Crawshaw Drive, Reedsholme, Rossendale, Lancashire, BB4 8PR£350,000£343,000-£7,00031 Oct 202318 Mar 2024139 Days

Most Expensive Streets in BB4 (Rossendale)

PostcodeStreetAreaAverageNo. of Sales
BB4 8TQPenny Bank Close, LovecloughRossendale£786,6503
BB4 6RQMelia CloseRossendale£654,5004
BB4 8URMitton AvenueRossendale£555,0004
BB4 6SWLower Cribden AvenueRossendale£532,59710
BB4 7LACollege Lane, RawtenstallRossendale£505,2005
BB4 7TRNewchurch Road, CloughfoldRossendale£487,5004
BB4 7TBJohnny Barn CloseRossendale£478,6666
BB4 6QXHaslingden Road, RawtenstallRossendale£473,7077
BB4 8EPHollingreave Drive, RawtenstallRossendale£471,6503
BB4 6PEParklands, HaslingdenRossendale£460,0003

Least Expensive Streets in BB4 (Rossendale)

PostcodeStreetAreaAverageNo. of Sales
BB4 9DNWales RoadRossendale£53,2793
BB4 6NRRifle Street, HaslingdenRossendale£68,6663
BB4 5QGBlackburn Road, HaslingdenRossendale£70,8333
BB4 7AUMillar Barn LaneRossendale£73,1804
BB4 9STWales TerraceRossendale£79,6663
BB4 5THStore Street, HaslingdenRossendale£80,1663
BB4 5PWLangwood Court, HaslingdenRossendale£80,31811
BB4 7AZTownsend Street, WaterfootRossendale£82,2169
BB4 7BWLench StreetRossendale£82,6124
BB4 5SXDeardengate Croft, HaslingdenRossendale£84,1663

Explore BB4 (Rossendale) using map

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