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House Prices in FY4

The average house price in FY4 (Blackpool) is £155,986 using HM Land Registry data.

The average property price increased by £16,623 (40.24%) over the last 5 years and increased by £3,324 (5.54%) over the last 12 months.

Over the last year, there were 527 residential property sales – a decrease of 303 transactions (-57.50%) relative to the previous year. The majority of house sales (141) were in the £114,000 - £148,000 range. Then came properties in the £80,000 - £114,000 range, where 112 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 £-4,060 (-2%).

In June 2024, there were 125 new estate agency instructions, 101 agreed home sales and 74 property price reductions.

5-Year Average Property Prices in FY4 (Blackpool)

40.24%

Property prices in Blackpool increased by 40.24% 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 FY4 (Blackpool) Over the Last Year

5.54%

Property prices in Blackpool increased by 5.54% 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.

Property Market Heat Gauge for FY4 (Blackpool) - 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 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 FY4 (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 FY4 (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 FY4 (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 FY4 (Blackpool) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the FY4 postcode area since 1995.

Recent Sales in FY4 (Blackpool)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
50 Acre Gate, Blackpool, FY4 3LF	£145,000	£145,000	£00	02 Jan 2024	15 May 2024	134 Days
117a, Squires Gate Lane, Blackpool, FY4 1QW	£128,000	£127,000	-£1,000	04 Mar 2024	03 May 2024	60 Days
67 Belvere Avenue, Blackpool, FY4 2LW	£200,000	£195,000	-£5,000	01 Dec 2023	03 May 2024	154 Days
22 Grizedale Road, Blackpool, FY4 4TL	£185,000	£183,000	-£2,000	14 Mar 2024	02 May 2024	49 Days
11 Sedgefield Close, Blackpool, FY4 5EY	£245,000	£245,000	£00	29 Jan 2024	01 May 2024	93 Days
9 Hillcrest Road, Blackpool, FY4 1QT	£210,000	£210,000	£00	31 Oct 2023	29 Apr 2024	181 Days
129 Clifton Drive, Blackpool, FY4 1RT	£310,000	£301,000	-£9,000	21 Sep 2023	29 Apr 2024	221 Days
6 Kincardine Avenue, Blackpool, FY4 5NN	£260,000	£260,000	£00	11 Jan 2024	26 Apr 2024	106 Days
364 St Annes Road, Blackpool, FY4 2QL	£189,950	£172,500	-£17,450	25 Jan 2024	24 Apr 2024	90 Days
51 Common Edge Road, Blackpool, FY4 5AX	£100,000	£95,000	-£5,000	09 Jun 2023	19 Apr 2024	315 Days
Flat 27, Dove Tree Court, Cherry Tree Road, Blackpool, FY4 4NA	£89,950	£84,250	-£5,700	03 Dec 2015	16 Apr 2024	3057 Days
52 Stadium Avenue, Blackpool, FY4 3QB	£175,000	£169,000	-£6,000	17 Nov 2023	03 Apr 2024	138 Days
11 St Martins Road, Blackpool, FY4 2DT	£130,000	£127,000	-£3,000	12 Oct 2023	27 Mar 2024	167 Days
25 Gordale Close, Blackpool, FY4 4LN	£190,000	£175,000	-£15,000	03 Nov 2023	22 Mar 2024	140 Days
178 Midgeland Road, Blackpool, FY4 5HH	£90,000	£89,000	-£1,000	03 Nov 2023	22 Mar 2024	140 Days
83 Hemingway, Blackpool, FY4 3DR	£112,500	£110,000	-£2,500	26 Oct 2023	21 Mar 2024	147 Days
11 Speyside, Blackpool, FY4 2BS	£265,000	£265,000	£00	03 Jun 2023	20 Mar 2024	291 Days
3 Helens Close, Blackpool, FY4 3QD	£180,000	£180,000	£00	15 Jan 2024	12 Mar 2024	57 Days
2 Whitwell Avenue, Blackpool, FY4 2JY	£149,995	£139,000	-£10,995	13 Nov 2023	08 Mar 2024	116 Days
55 St Lukes Road, Blackpool, FY4 2EL	£219,950	£207,500	-£12,450	21 Sep 2023	01 Mar 2024	162 Days

Most Expensive Streets in FY4 (Blackpool)

Postcode	Street	Area	Average	No. of Sales
FY4 5EA	Division Lane	Blackpool	£682,105	9
FY4 4XA	Mythop Road	Blackpool	£531,250	4
FY4 5JF	Moss House Road	Blackpool	£387,000	3
FY4 2PU	Sandon Place	Blackpool	£355,822	5
FY4 2ET	Fourth Avenue	Blackpool	£353,333	3
FY4 4HE	Preston New Road	Blackpool	£325,736	8
FY4 5DJ	Common Edge Road	Blackpool	£311,500	4
FY4 2BX	Windermere Road	Blackpool	£307,142	7
FY4 1SY	New South Promenade	Blackpool	£305,000	3
FY4 1RG	Lytham Road	Blackpool	£293,100	10

Least Expensive Streets in FY4 (Blackpool)

Postcode	Street	Area	Average	No. of Sales
FY4 3RE	Southbank Flats, Squires Gate Lane	Blackpool	£49,500	4
FY4 3JR	Lennox Court	Blackpool	£50,750	4
FY4 1DQ	Clifton Drive	Blackpool	£55,346	13
FY4 2DU	Carmont Court, St James Road	Blackpool	£57,483	3
FY4 1DH	Clifton Drive	Blackpool	£61,368	11
FY4 4BN	South Lawn	Blackpool	£63,062	8
FY4 4BG	Hawes Side Lane	Blackpool	£64,900	5
FY4 2RE	Cairn Court, Cairn Grove	Blackpool	£65,333	3
FY4 1DL	Clarence Court, Rawcliffe Street, Blackpool	Blackpool	£66,000	4
FY4 2BF	Squires Gate Lane	Blackpool	£66,466	6