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Blackburn House Prices Blackburn House Prices

The average house price in Blackburn is £155,274 using HM Land Registry data.

The average property price increased by £24,327 (16.7%) over the last 5 years and increased by £4,863 (2.94%) over the last 12 months.

Over the last year, there were 1,100 residential property sales – a decrease of 319 transactions (-29.00%) relative to the previous year. The majority of house sales (250) were in the £110,000 - £150,000 range. Then came properties in the £70,000 - £110,000 range, where 242 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,966 (-3%).

In Oct 24, there were 183 new estate agency instructions, 150 agreed home sales and 66 property price reductions.

Neighbouring Areas: Darwen

Postcodes Covered: BB1, BB2, BB3, BB5

5-Year Average Property Prices in Blackburn

16.7%

Property prices in Blackburn increased by 16.7% 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 Blackburn Over the Last Year

2.94%

Property prices in Blackburn increased by 2.94% 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 Blackburn - 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 Blackburn

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 Blackburn

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 Blackburn

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 Blackburn since 1995

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

Recent Property Sales in Blackburn

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Pickering Fold, Blackburn, Blackburn With Darwen, BB1 2LH£199,950£199,950£0005 Apr 202423 Aug 2024140 Days
692 Preston Old Road, Blackburn, Blackburn With Darwen, BB2 5EP£135,000£130,000-£5,00003 Jun 202423 Aug 202481 Days
381 Haslingden Road, Guide, Blackburn, Blackburn With Darwen, BB1 2NG£125,000£110,000-£15,00026 Feb 202416 Aug 2024172 Days
26 Dover Street, Lower Darwen, Darwen, Blackburn With Darwen, BB3 0QA£110,000£105,000-£5,00008 Apr 202414 Aug 2024128 Days
114 Bonsall Street, Blackburn, Blackburn With Darwen, BB2 4DD£84,950£82,000-£2,95015 May 202412 Aug 202489 Days
70 Nares Road, Blackburn, Blackburn With Darwen, BB2 2TH£240,000£235,000-£5,00012 Apr 202412 Aug 2024122 Days
2 Grenada Close, Lower Darwen, Darwen, Blackburn With Darwen, BB3 0SB£260,000£255,000-£5,00007 Dec 202312 Aug 2024249 Days
2 Hudson Close, Blackburn, Blackburn With Darwen, BB2 7DQ£219,950£219,950£0026 Mar 202406 Aug 2024133 Days
19 Lammack Road, Blackburn, Blackburn With Darwen, BB1 8JW£278,950£270,000-£8,95002 Apr 202431 Jul 2024120 Days
5 White Road, Blackburn, Blackburn With Darwen, BB2 7AY£290,000£275,000-£15,00022 Sep 202331 Jul 2024313 Days
101 Bank Hey Lane North, Blackburn, Blackburn With Darwen, BB1 9QU£220,000£218,000-£2,00019 Mar 202426 Jul 2024129 Days
11 Oxford Drive, Knuzden, Blackburn, Lancashire, BB1 2DW£180,000£173,000-£7,00024 Jan 202426 Jul 2024184 Days
46 Adelaide Terrace, Blackburn, Blackburn With Darwen, BB2 6ET£155,000£145,000-£10,00020 Jan 202426 Jul 2024188 Days
67 Woodbine Road, Blackburn, Blackburn With Darwen, BB2 6JZ£129,950£110,000-£19,95022 Mar 202426 Jul 2024126 Days
10 Observatory Road, Blackburn, Blackburn With Darwen, BB2 3HE£189,950£185,000-£4,95011 Mar 202422 Jul 2024133 Days
22 Queensway, Blackburn, Blackburn With Darwen, BB2 4QT£259,950£258,000-£1,95011 Aug 202319 Jul 2024343 Days
214 Wensley Road, Blackburn, Blackburn With Darwen, BB2 6SS£120,000£117,500-£2,50023 Jan 202419 Jul 2024178 Days
17 Dentdale Close, Blackburn, Blackburn With Darwen, BB2 5FA£220,000£205,000-£15,00019 Jan 202415 Jul 2024178 Days
7 St Aidans Avenue, Blackburn, Blackburn With Darwen, BB2 4BQ£90,000£80,000-£10,00023 Feb 202412 Jul 2024140 Days
20 Mayflower Street, Blackburn, Blackburn With Darwen, BB2 2RX£109,950£109,000-£95025 Mar 202412 Jul 2024109 Days

Most Expensive Streets in Blackburn

PostcodeStreetAreaAverageNo. of Sales
BB2 7ARWyfordby AvenueBlackburn£581,0005
BB1 9EERibchester RoadClayton Le Dale£579,5006
BB1 9PJWhalley RoadWilpshire£541,6663
BB1 9JTWhalley RoadWilpshire£531,6663
BB2 6QQMeins RoadBlackburn£510,0003
BB1 9JQGlendene ParkClayton Le Dale£478,3163
BB1 9PNKnowsley RoadWilpshire£460,9995
BB2 7BHBeardwood MeadowBlackburn£418,1254
BB1 9LQWhalley RoadWilpshire£416,9995
BB2 7ATBeardwood BrowBlackburn£407,50010

Least Expensive Streets in Blackburn

PostcodeStreetAreaAverageNo. of Sales
BB2 3RYWalsh StreetBlackburn£49,6254
BB2 2PPWitton ParadeBlackburn£50,3333
BB2 2NGStansfeld StreetBlackburn£53,5205
BB2 3SELeach StreetBlackburn£55,2005
BB2 3RZDyson StreetBlackburn£56,2995
BB2 2RERailway ViewBlackburn£57,5004
BB2 4AYHollin Bridge StreetBlackburn£57,5187
BB2 6BFWeavers CourtPreston New Road£57,92814
BB2 2RZQueen Victoria StreetBlackburn£58,5836
BB2 4DJAngela StreetBlackburn£59,3505

Explore Blackburn and Neighbouring Area House Prices

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