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Nelson House Prices

The average house price in Nelson is £94,680 using HM Land Registry data.

The average property price increased by £36,328 (50.66%) over the last 5 years and increased by £7,263 (7.21%) over the last 12 months.

Over the last year, there were 263 residential property sales – a decrease of 96 transactions (-36.50%) relative to the previous year. The majority of house sales (79) were in the £66,000 - £92,000 range. Then came properties in the £40,000 - £66,000 range, where 54 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 50 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,827 (-3%).

In Oct 24, there were 27 new estate agency instructions, 34 agreed home sales and 22 property price reductions.

5-Year Average Property Prices in Nelson

50.66%

Property prices in Nelson increased by 50.66% 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 Nelson Over the Last Year

7.21%

Property prices in Nelson increased by 7.21% 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 Nelson - 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 Nelson

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 Nelson

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 Nelson

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 Nelson since 1995

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

Recent Property Sales in Nelson

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
57 Lomeshaye Road, Nelson, Lancashire, BB9 7AS	£139,950	£90,000	-£49,950	11 Mar 2022	18 Jul 2024	860 Days
46 Kelswick Drive, Nelson, Lancashire, BB9 0SZ	£170,000	£170,000	£00	21 Mar 2024	12 Jul 2024	113 Days
9 Rimington Place, Nelson, Lancashire, BB9 8DE	£114,950	£110,000	-£4,950	08 Jan 2024	12 Jul 2024	186 Days
4 Brier Crescent, Nelson, Lancashire, BB9 0QD	£199,950	£199,950	£00	23 Feb 2024	10 Jul 2024	138 Days
8 Perth Street, Nelson, Lancashire, BB9 8EE	£75,000	£75,000	£00	24 Jan 2024	05 Jul 2024	163 Days
84 Railway Street, Nelson, Lancashire, BB9 9AL	£105,000	£100,000	-£5,000	16 Feb 2024	02 Jul 2024	137 Days
14 Napier Street, Nelson, Lancashire, BB9 0SN	£75,000	£72,000	-£3,000	20 Feb 2024	01 Jul 2024	132 Days
384 Leeds Road, Nelson, Lancashire, BB9 8ET	£95,000	£92,000	-£3,000	23 Nov 2023	27 Jun 2024	217 Days
13 Vulcan Street, Nelson, Lancashire, BB9 8HE	£115,000	£110,000	-£5,000	25 Apr 2023	20 Jun 2024	422 Days
30 Hazelwood Road, Nelson, Lancashire, BB9 9NF	£149,950	£145,000	-£4,950	05 Mar 2024	20 Jun 2024	107 Days
265 Chapel House Road, Nelson, Lancashire, BB9 0QS	£59,950	£50,000	-£9,950	14 Feb 2020	19 Jun 2024	1587 Days
29 Linkside Avenue, Nelson, Lancashire, BB9 9LJ	£199,000	£185,000	-£14,000	02 Feb 2024	12 Jun 2024	131 Days
29 Town House Road, Nelson, Lancashire, BB9 9LP	£135,000	£125,000	-£10,000	20 Jun 2023	12 Jun 2024	358 Days
183 Pine Street, Nelson, Lancashire, BB9 9HP	£64,950	£57,500	-£7,450	03 Jan 2024	11 Jun 2024	160 Days
59 Belgrave Street, Nelson, Lancashire, BB9 9HS	£64,995	£57,500	-£7,495	03 Jan 2024	11 Jun 2024	160 Days
65 Tavistock Street, Nelson, Lancashire, BB9 9JJ	£45,000	£38,020	-£6,980	04 Oct 2023	16 May 2024	225 Days
62 Whitehall Street, Nelson, Lancashire, BB9 9JD	£65,000	£58,000	-£7,000	15 Jun 2023	16 May 2024	336 Days
30 Berriedale Road, Nelson, Lancashire, BB9 8AZ	£45,000	£35,000	-£10,000	12 Mar 2020	14 May 2024	1524 Days
53 Bradshaw Street, Nelson, Lancashire, BB9 9BP	£99,950	£95,000	-£4,950	13 Mar 2024	14 May 2024	62 Days
35 Brentwood Road, Nelson, Lancashire, BB9 8AX	£85,000	£79,000	-£6,000	05 Mar 2021	25 Apr 2024	1147 Days

Most Expensive Streets in Nelson

Postcode	Street	Area	Average	No. of Sales
BB9 8DS	Marsden Farm Court	Nelson	£291,111	9
BB9 8BG	Walton Lane	Nelson	£279,000	4
BB9 0ER	Halifax Road	Nelson	£260,333	3
BB9 0WA	Ash Tree Grove	Nelson	£242,075	8
BB9 9LR	Barkerhouse Road	Nelson	£231,583	6
BB9 0ET	Coldweather Avenue	Nelson	£231,150	3
BB9 0WB	Pinewood Drive	Nelson	£229,090	11
BB9 0NB	Willow Drive	Nelson	£218,572	6
BB9 0WD	Hartley Drive	Nelson	£206,500	3
BB9 9LJ	Linkside Avenue	Nelson	£200,500	6

Least Expensive Streets in Nelson

Postcode	Street	Area	Average	No. of Sales
BB9 0NN	Bath Street	Nelson	£37,500	4
BB9 9HR	Belgrave Street	Nelson	£39,944	9
BB9 9HH	Smith Street	Nelson	£44,333	3
BB9 9HX	Rhoda Street	Nelson	£44,746	4
BB9 9JB	Whitehall Street	Nelson	£44,859	10
BB9 0TB	Southfield Street	Nelson	£45,799	5
BB9 0RG	Napier Street	Nelson	£46,333	3
BB9 9DB	Vernon Street	Nelson	£46,666	3
BB9 9HS	Belgrave Street	Nelson	£46,699	5
BB9 0BH	Bradshaw Street	Nelson	£46,832	6