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Farnworth House Prices Farnworth House Prices

The average house price in Farnworth is £164,333 using HM Land Registry data.

The average property price increased by £58,683 (52.51%) over the last 5 years and increased by £11,731 (7.39%) over the last 12 months.

Over the last year, there were 203 residential property sales – a decrease of 84 transactions (-41.38%) relative to the previous year. The majority of house sales (45) were in the £118,000 - £146,000 range. Then came properties in the £146,000 - £174,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 96 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,257 (-2%).

In Oct 24, there were 35 new estate agency instructions, 28 agreed home sales and 19 property price reductions.

Neighbouring Areas: Bolton, Kearsley, Little Hulton

Postcodes Covered: BL3, BL4

5-Year Average Property Prices in Farnworth

52.51%

Property prices in Farnworth increased by 52.51% 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 Farnworth Over the Last Year

7.39%

Property prices in Farnworth increased by 7.39% 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 Farnworth - 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 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 Farnworth

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 Farnworth

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 Farnworth

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 Farnworth since 1995

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

Recent Property Sales in Farnworth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Daisy Avenue, Farnworth, Bolton, Greater Manchester, BL4 0EJ£180,000£140,000-£40,00021 Dec 202308 Aug 2024231 Days
27 Windermere Road, Farnworth, Bolton, Greater Manchester, BL4 0QH£185,000£185,000£0029 Feb 202401 Aug 2024154 Days
16 Weavers Green, Farnworth, Bolton, Greater Manchester, BL4 9AY£240,000£240,000£0022 Jan 202431 Jul 2024191 Days
72 Worsley Road, Farnworth, Bolton, Greater Manchester, BL4 9LT£145,000£145,000£0005 Apr 202430 Jul 2024116 Days
25 Paisley Park, Farnworth, Bolton, Greater Manchester, BL4 7ET£75,000£75,000£0013 Dec 202326 Jul 2024226 Days
20 Orchid Avenue, Farnworth, Bolton, Greater Manchester, BL4 0ES£220,000£204,000-£16,00003 May 202426 Jul 202484 Days
156 Cemetery Road, Kearsley, Bolton, Greater Manchester, BL4 7SE£185,000£185,000£0005 Feb 202425 Jul 2024171 Days
17 Glynne Street, Farnworth, Bolton, Greater Manchester, BL4 7DN£105,000£75,000-£30,00021 May 202425 Jul 202465 Days
17 Kilsby Close, Farnworth, Bolton, Greater Manchester, BL4 7TJ£125,000£123,000-£2,00016 Feb 202428 Jun 2024133 Days
9 Harrowby Fold, Farnworth, Bolton, Greater Manchester, BL4 7DZ£190,000£185,000-£5,00019 Sep 202327 Jun 2024282 Days
41 Shillingford Road, Farnworth, Bolton, Greater Manchester, BL4 7DJ£235,000£230,000-£5,00013 Oct 202314 Jun 2024245 Days
99 Kildare Street, Farnworth, Bolton, Greater Manchester, BL4 9NX£164,950£163,500-£1,45003 Jul 202313 Jun 2024346 Days
65 Waters Edge, Farnworth, Bolton, Greater Manchester, BL4 0NL£365,000£357,000-£8,00011 Mar 202431 May 202481 Days
11 Hawthorne Avenue, Farnworth, Bolton, Greater Manchester, BL4 0AZ£210,000£210,000£0028 Sep 202331 May 2024246 Days
149 St James Street, Farnworth, Bolton, Greater Manchester, BL4 9RG£185,000£184,700-£30024 Oct 202324 May 2024213 Days
18 Felsham Close, Farnworth, Bolton, Greater Manchester, BL4 7ES£270,000£260,000-£10,00005 Dec 202317 May 2024164 Days
19 Dorset Avenue, Farnworth, Bolton, Greater Manchester, BL4 9TL£240,000£240,000£0017 Jan 202417 May 2024121 Days
86 Highfield Road, Farnworth, Bolton, Greater Manchester, BL4 0AQ£175,000£170,000-£5,00011 Jan 202417 Apr 202497 Days
66 Worsley Road, Farnworth, Bolton, Greater Manchester, BL4 9LT£170,000£163,000-£7,00003 Oct 202305 Apr 2024185 Days
88 Bradford Street, Farnworth, Bolton, Greater Manchester, BL4 9JY£130,000£125,000-£5,00012 Oct 202305 Apr 2024176 Days

Most Expensive Streets in Farnworth

PostcodeStreetAreaAverageNo. of Sales
BL4 0NQGrantchester PlaceFarnworth£290,0003
BL3 2JABroad Oak RoadBolton£281,8333
BL4 0NLWaters EdgeFarnworth£274,0007
BL4 7ESFelsham CloseFarnworth£258,3333
BL4 9JYBradford StreetFarnworth£245,0003
BL4 0LXLeyton CloseFarnworth£238,0004
BL4 9RRPear Tree DriveFarnworth£232,6258
BL4 0APMarsh LaneFarnworth£231,7504
BL4 0LUColchester DriveFarnworth£231,3756
BL4 9JTAlexandra StreetFarnworth£228,1273

Least Expensive Streets in Farnworth

PostcodeStreetAreaAverageNo. of Sales
BL4 9PQBuckley LaneFarnworth£59,5004
BL4 9DWLever HouseMoorfield Chase£73,5405
BL4 9DUBridgeman HouseMoorfield Chase£73,7005
BL4 9SHBuckley LaneFarnworth£75,1254
BL4 7DHGlynne StreetFarnworth£75,9005
BL4 7HGVictoria StreetFarnworth£78,3333
BL3 2PZLoxham StreetBolton£79,6005
BL4 9DQShaw HouseMoorfield Chase£79,9005
BL3 2PUStarcliffe StreetBolton£84,4077
BL4 7DNGlynne StreetFarnworth£84,7504

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