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Barrowford House Prices Barrowford House Prices

The average house price in Barrowford is £213,500 using HM Land Registry data.

The average property price increased by £34,185 (17.63%) over the last 5 years and increased by £6,833 (3.09%) over the last 12 months.

Over the last year, there were 95 residential property sales – a decrease of 25 transactions (-26.32%) relative to the previous year. The majority of house sales (32) were in the £110,000 - £164,000 range. Then came properties in the £164,000 - £218,000 range, where 19 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 112 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,827 (-3%).

In April 2024, there were 20 new estate agency instructions, 8 agreed home sales and 11 property price reductions.

Neighbouring Areas: Nelson, Brierfield

Postcodes Covered: BB9

5-Year Average Property Prices in Barrowford

17.63%

Property prices in Barrowford increased by 17.63% 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 Barrowford Over the Last Year

3.09%

Property prices in Barrowford increased by 3.09% 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 Barrowford - 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 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 Barrowford

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 Barrowford

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 Barrowford

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 Barrowford since 1995

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

Recent Property Sales in Barrowford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Arncliffe Grove, Barrowford, Nelson, Lancashire, BB9 8SH£334,950£310,000-£24,95021 Apr 202322 Feb 2024307 Days
8 Hawthorne Grove, Barrowford, Nelson, Lancashire, BB9 8RB£214,950£200,000-£14,95020 Sep 202325 Jan 2024127 Days
14 Fife Street, Barrowford, Nelson, Lancashire, BB9 6DD£117,500£110,000-£7,50020 Jul 202319 Jan 2024183 Days
8 Ashfield Close, Barrowford, Nelson, Lancashire, BB9 6DJ£200,000£190,000-£10,00026 Sep 202312 Dec 202377 Days
22 Bankfold, Barrowford, Nelson, Lancashire, BB9 6JW£325,000£305,000-£20,00018 Jul 202306 Dec 2023141 Days
4 Carr Hall Drive, Barrowford, Nelson, Lancashire, BB9 6BZ£139,950£130,000-£9,95008 Mar 201727 Nov 20232455 Days
216 Gisburn Road, Barrowford, Nelson, Lancashire, BB9 6AU£374,950£364,000-£10,95025 Apr 202324 Nov 2023213 Days
49 Bolton Grove, Barrowford, Nelson, Lancashire, BB9 8PB£149,950£142,500-£7,45013 Jun 202317 Nov 2023157 Days
21 Fife Street, Barrowford, Nelson, Lancashire, BB9 6DD£117,000£110,000-£7,00031 Jul 202316 Nov 2023108 Days
11 Prospect Terrace, Barrowford, Nelson, Lancashire, BB9 6HN£129,950£129,950£0001 Sep 202315 Nov 202375 Days
5 Shap Close, Barrowford, Nelson, Lancashire, BB9 6EZ£240,000£220,000-£20,00019 Jul 202314 Nov 2023118 Days
21 Church Street, Barrowford, Nelson, Lancashire, BB9 6EB£210,000£200,000-£10,00027 Jul 202303 Nov 202399 Days
11 Ashfield Close, Barrowford, Nelson, Lancashire, BB9 6DJ£220,000£220,000£0008 Feb 202327 Oct 2023261 Days
5 Springbank, Barrowford, Nelson, Lancashire, BB9 6AP£379,950£379,950£0026 Aug 202227 Oct 2023427 Days
17 Queen Street, Barrowford, Nelson, Lancashire, BB9 6HU£99,950£95,000-£4,95011 Jul 202327 Oct 2023108 Days
202 Gisburn Road, Barrowford, Nelson, Lancashire, BB9 6AU£290,000£275,000-£15,00019 Jun 202320 Oct 2023123 Days
34 Lower Clough Street, Barrowford, Nelson, Lancashire, BB9 8PQ£144,950£143,000-£1,95002 Jun 202306 Oct 2023126 Days
25 Grange Avenue, Barrowford, Nelson, Lancashire, BB9 6AN£550,000£545,000-£5,00020 Jan 202304 Oct 2023257 Days
2 Wilton Street, Barrowford, Nelson, Lancashire, BB9 8PU£134,950£122,500-£12,45020 Apr 202329 Sep 2023162 Days
3b, Ridgeway, Barrowford, Nelson, Lancashire, BB9 8QP£365,000£365,000£0018 Jul 202329 Sep 202373 Days

Most Expensive Streets in Barrowford

PostcodeStreetAreaAverageNo. of Sales
BB9 6AXRibblesdale PlaceBarrowford£541,6663
BB9 6QFParrock RoadBarrowford£489,0003
BB9 6QNWheatley Lane RoadBarrowford£466,5004
BB9 6LUWillaston AvenueBlacko£405,3005
BB9 6LPGisburn RoadBlacko£401,5905
BB9 6ANGrange AvenueBarrowford£391,6258
BB9 6LXBeverley RoadBlacko£373,1357
BB9 6LWHollin FoldBlacko£360,6663
BB9 6RRApplegarthBarrowford£353,7504
BB9 6BDMitton AvenueBarrowford£344,0003

Least Expensive Streets in Barrowford

PostcodeStreetAreaAverageNo. of Sales
BB9 6DDFife StreetBarrowford£100,58214
BB9 6DABedford StreetBarrowford£101,9077
BB9 6HHHalstead LaneBarrowford£108,8505
BB9 8NZMay StreetBarrowford£110,6758
BB9 8PECaldervaleBarrowford£111,8333
BB9 8PWGrove StreetBarrowford£112,6005
BB9 6HUQueen StreetBarrowford£112,8005
BB9 8NDGisburn RoadBarrowford£113,4287
BB9 8NSNora StreetBarrowford£113,8005
BB9 8PAGarnett StreetBarrowford£114,8754

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