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House Prices in OL13 House Prices in OL13 (Bacup)

The average house price in OL13 (Bacup) is £168,071 using HM Land Registry data.

The average property price increased by £46,675 (31.39%) over the last 5 years and increased by £9,352 (4.57%) over the last 12 months.

Over the last year, there were 154 residential property sales – a decrease of 61 transactions (-39.61%) relative to the previous year. The majority of house sales (41) were in the £70,000 - £114,000 range. Then came properties in the £114,000 - £158,000 range, where 37 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 94 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,975 (-3%).

In Oct 24, there were 43 new estate agency instructions, 43 agreed home sales and 28 property price reductions.

Nearby Postcodes: BB1, BB10, BB11, BB12, BB4, BB5, BB8, BB9, BL0, BL7, BL8, BL9, HX7, OL11, OL12, OL14, OL15, OL16

5-Year Average Property Prices in OL13 (Bacup)

31.39%

Property prices in Bacup increased by 31.39% 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 OL13 (Bacup) Over the Last Year

4.57%

Property prices in Bacup increased by 4.57% 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 OL13 (Bacup) - 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 OL13 (Bacup)

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 OL13 (Bacup)

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 OL13 (Bacup)

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 OL13 (Bacup) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the OL13 postcode area since 1995.

Recent Sales in OL13 (Bacup)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
51 Hoghton Avenue, Bacup, Lancashire, OL13 9RD£244,950£240,000-£4,95018 Jan 202409 Aug 2024204 Days
40 Goldcrest Avenue, Bacup, Lancashire, OL13 9PA£349,950£349,950£0025 Nov 202307 Aug 2024256 Days
1a, Rosemount, Bacup, Lancashire, OL13 9HG£210,000£200,000-£10,00011 Jan 202405 Aug 2024207 Days
4 Hemp Street, Bacup, Lancashire, OL13 9QQ£105,000£102,000-£3,00020 Mar 202426 Jul 2024128 Days
Winterleigh, Mill Lane, Bacup, Lancashire, OL13 9JB£385,000£385,000£0009 Jan 202415 Jul 2024188 Days
177 Pennine Road, Bacup, Lancashire, OL13 9PZ£110,000£110,000£0015 Mar 202405 Jul 2024112 Days
13 Captain Street, Bacup, Lancashire, OL13 8QG£89,995£89,995£0026 Mar 202428 Jun 202494 Days
24 Rochdale Road, Bacup, Lancashire, OL13 9NW£229,950£229,950£0028 Mar 202427 Jun 202491 Days
12 Woodlark Close, Bacup, Lancashire, OL13 9AT£255,000£242,500-£12,50024 Feb 202418 Jun 2024115 Days
23 Cotman Close, Bacup, Lancashire, OL13 9TT£259,950£259,950£0001 Sep 202314 Jun 2024287 Days
32 Heald Lane, Weir, Bacup, Lancashire, OL13 8PN£300,000£297,000-£3,00031 Oct 202310 Jun 2024223 Days
18 Western Court, Stacksteads, Bacup, Lancashire, OL13 0SU£199,950£195,000-£4,95020 Jan 202407 Jun 2024139 Days
23 Regent Street, Bacup, Lancashire, OL13 9JE£90,000£90,000£0021 Mar 202407 Jun 202478 Days
3 Stansfield Street, Stacksteads, Bacup, Lancashire, OL13 0RT£115,000£115,000£0002 Feb 202424 May 2024112 Days
20 Regent Street, Bacup, Lancashire, OL13 9JE£89,950£87,000-£2,95013 Mar 202423 May 202471 Days
507 Newchurch Road, Bacup, Lancashire, OL13 0NH£69,950£69,950£0002 Feb 202417 May 2024105 Days
24 Buttermere Avenue, Bacup, Lancashire, OL13 9BL£367,500£352,500-£15,00026 Sep 202317 May 2024234 Days
28 Booth Road, Stacksteads, Bacup, Lancashire, OL13 0QP£125,000£125,000£0026 Jan 202417 May 2024112 Days
67 New Line, Bacup, Lancashire, OL13 9RN£97,500£92,500-£5,00005 Jan 202410 May 2024126 Days
1 Repton Close, Bacup, Lancashire, OL13 9TF£325,000£315,000-£10,00009 Oct 202330 Apr 2024204 Days

Most Expensive Streets in OL13 (Bacup)

PostcodeStreetAreaAverageNo. of Sales
OL13 8QZHeald Lane, WeirBacup£437,5004
OL13 8RYGreenwood DriveBacup£414,3163
OL13 8RLBeaufort RoadBacup£388,1254
OL13 9XTHazel GroveBacup£365,0005
OL13 8HYMaden RoadBacup£332,0005
OL13 9DQGreensnook LaneBacup£314,0005
OL13 8QLHillside Crescent, WeirBacup£310,0003
OL13 9AYCottonmill CourtBacup£309,6427
OL13 9TPSandby CloseBacup£290,0007
OL13 9BLButtermere AvenueBacup£288,84617

Least Expensive Streets in OL13 (Bacup)

PostcodeStreetAreaAverageNo. of Sales
OL13 8LDHuttock End Lane, StacksteadsBacup£54,0004
OL13 9JAAlma StreetBacup£59,0505
OL13 8DRRussell StreetBacup£59,6663
OL13 0HFAcre Mill RoadBacup£64,4205
OL13 8DWPlane StreetBacup£64,7494
OL13 0TTDavid StreetBacup£67,3339
OL13 0EENewchurch RoadBacup£70,3577
OL13 8DTCooper StreetBacup£72,4003
OL13 9SRFair ViewBacup£72,6663
OL13 8BHShepherd StreetBacup£75,8128

Explore OL13 (Bacup) using map

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