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Accrington House Prices Accrington House Prices

The average house price in Accrington is £144,500 using HM Land Registry data.

The average property price increased by £39,308 (37.07%) over the last 5 years and increased by £7,856 (5.71%) over the last 12 months.

Over the last year, there were 286 residential property sales – a decrease of 197 transactions (-68.88%) relative to the previous year. The majority of house sales (86) were in the £50,000 - £86,000 range. Then came properties in the £86,000 - £122,000 range, where 62 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,753 (-4%).

In April 2024, there were 52 new estate agency instructions, 43 agreed home sales and 23 property price reductions.

Neighbouring Areas: Church, Oswaldtwistle

Postcodes Covered: BB5

5-Year Average Property Prices in Accrington

37.07%

Property prices in Accrington increased by 37.07% 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 Accrington Over the Last Year

5.71%

Property prices in Accrington increased by 5.71% 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 Accrington - April 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Accrington

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 Accrington

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 Accrington

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 Accrington since 1995

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

Recent Property Sales in Accrington

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
177 Hollins Lane, Accrington, Lancashire, BB5 2QY£180,000£175,000-£5,00006 Nov 202301 Mar 2024116 Days
44 Frederick Street, Accrington, Lancashire, BB5 1QS£85,000£60,000-£25,00015 Jun 202327 Feb 2024257 Days
108 Hollins Lane, Accrington, Lancashire, BB5 2JS£460,000£420,000-£40,00012 Jun 202321 Feb 2024254 Days
46 Woodfield Avenue, Accrington, Lancashire, BB5 2PJ£350,000£340,000-£10,00023 Aug 202321 Feb 2024182 Days
45 Sultan Street, Accrington, Lancashire, BB5 6EL£65,000£63,000-£2,00004 Jan 202416 Feb 202443 Days
239 Manchester Road, Accrington, Lancashire, BB5 2PF£480,000£465,000-£15,00024 Nov 202307 Feb 202475 Days
15 Marlborough Road, Accrington, Lancashire, BB5 6AY£99,950£95,000-£4,95003 Oct 202306 Feb 2024126 Days
3 Wilfred Street, Accrington, Lancashire, BB5 2HY£80,000£70,000-£10,00004 Aug 202323 Jan 2024172 Days
1 Alma Place, Accrington, Lancashire, BB5 2RR£250,000£245,000-£5,00014 Aug 202311 Jan 2024150 Days
10 Seathwaite Way, Accrington, Lancashire, BB5 6RB£280,000£185,000-£95,00020 Oct 202111 Jan 2024813 Days
13 Spring Street, Accrington, Lancashire, BB5 0HE£70,000£58,000-£12,00017 Mar 202310 Jan 2024299 Days
88 Belfield Road, Accrington, Lancashire, BB5 2JF£120,000£120,000£0008 Sep 202305 Jan 2024119 Days
28 Royds Avenue, Accrington, Lancashire, BB5 2LE£400,000£390,000-£10,00030 Aug 202302 Jan 2024125 Days
122 Queens Road West, Accrington, Lancashire, BB5 4BA£165,000£163,000-£2,00026 Jul 202320 Dec 2023147 Days
122 Manchester Road, Accrington, Lancashire, BB5 2PD£170,000£167,000-£3,00026 Oct 202320 Dec 202355 Days
249 Manchester Road, Accrington, Lancashire, BB5 2PF£389,950£370,000-£19,95029 Aug 202320 Dec 2023113 Days
20 Worsley Street, Accrington, Lancashire, BB5 2PA£125,000£122,000-£3,00010 Aug 202308 Dec 2023120 Days
94 Royds Avenue, Accrington, Lancashire, BB5 2JX£280,000£280,000£0020 Jul 202308 Dec 2023141 Days
28 Westwood Street, Accrington, Lancashire, BB5 4BW£79,950£73,000-£6,95019 Jul 202307 Dec 2023141 Days
20 Oswald Street, Accrington, Lancashire, BB5 6SJ£75,000£70,000-£5,00005 Jul 202304 Dec 2023152 Days

Most Expensive Streets in Accrington

PostcodeStreetAreaAverageNo. of Sales
BB5 2LBHollins LaneAccrington£367,4378
BB5 2JSHollins LaneAccrington£352,4874
BB5 2JTNewton DriveAccrington£348,5006
BB5 2RLPartridge DriveAccrington£345,9833
BB5 2JXRoyds AvenueAccrington£291,50010
BB5 2LERoyds AvenueAccrington£289,8256
BB5 2XFIcconhurst CloseAccrington£285,1663
BB5 2PJWoodfield AvenueAccrington£283,26516
BB5 2TWSherbourne RoadAccrington£279,9833
BB5 3SRRough Hey BarnRough Hey Gate£273,3754

Least Expensive Streets in Accrington

PostcodeStreetAreaAverageNo. of Sales
BB5 2HHBelfield RoadAccrington£41,2768
BB5 2NJWellington StreetAccrington£41,2814
BB5 1BQMason StreetAccrington£42,6663
BB5 0QRFountain StreetAccrington£43,5717
BB5 1BWHood StreetAccrington£45,2229
BB5 2HJEdmund StreetAccrington£46,5003
BB5 0PYCarter StreetAccrington£46,6005
BB5 1BPDerby StreetAccrington£46,64214
BB5 0HFSpring StreetAccrington£47,27012
BB5 0AABlackburn RoadAccrington£47,9374

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