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Blackburn House Prices

The average house price in Blackburn is £152,954 using HM Land Registry data.

The average property price increased by £25,857 (17.97%) over the last 5 years and increased by £5,168 (3.14%) over the last 12 months.

Over the last year, there were 995 residential property sales – a decrease of 435 transactions (-43.72%) relative to the previous year. The majority of house sales (251) were in the £70,000 - £112,000 range. Then came properties in the £112,000 - £154,000 range, where 244 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,966 (-3%).

In April 2024, there were 191 new estate agency instructions, 110 agreed home sales and 65 property price reductions.

5-Year Average Property Prices in Blackburn

17.97%

Property prices in Blackburn increased by 17.97% 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 Blackburn Over the Last Year

3.14%

Property prices in Blackburn increased by 3.14% 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 Blackburn - 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 Blackburn

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 Blackburn

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 Blackburn

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 Blackburn since 1995

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

Recent Property Sales in Blackburn

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
12 Lammack Road, Blackburn, Blackburn With Darwen, BB1 8JN	£230,000	£205,000	-£25,000	02 Oct 2023	08 Mar 2024	158 Days
4 Moorland Road, Blackburn, Blackburn With Darwen, BB2 4SA	£260,000	£250,000	-£10,000	19 Sep 2023	08 Mar 2024	171 Days
2 Sunnyside Avenue, Cherry Tree, Blackburn, Blackburn With Darwen, BB2 5NT	£176,000	£171,000	-£5,000	17 Oct 2023	27 Feb 2024	133 Days
40 Suffolk Street, Blackburn, Blackburn With Darwen, BB2 4ES	£80,000	£80,000	£00	04 Dec 2023	26 Feb 2024	84 Days
38 St Michaels Close, Blackburn, Blackburn With Darwen, BB2 5DG	£217,500	£216,000	-£1,500	28 Sep 2023	22 Feb 2024	147 Days
60 Highbank, Blackburn, Blackburn With Darwen, BB1 9SX	£129,995	£129,995	£00	14 Oct 2023	21 Feb 2024	130 Days
46 Feniscliffe Drive, Blackburn, Blackburn With Darwen, BB2 2UF	£220,000	£216,000	-£4,000	25 Oct 2023	19 Feb 2024	117 Days
21 Lilac Road, Blackburn, Blackburn With Darwen, BB1 5PZ	£147,000	£145,000	-£2,000	30 Sep 2023	16 Feb 2024	139 Days
9 Royshaw Close, Blackburn, Blackburn With Darwen, BB1 8RW	£175,000	£170,000	-£5,000	22 Aug 2023	16 Feb 2024	178 Days
6 Harebell Close, Blackburn, Blackburn With Darwen, BB2 5HS	£194,995	£188,000	-£6,995	03 Oct 2023	16 Feb 2024	136 Days
36 Keswick Drive, Blackburn, Blackburn With Darwen, BB2 5HH	£180,000	£175,000	-£5,000	12 Aug 2023	16 Feb 2024	188 Days
3 Sapphire Street, Blackburn, Blackburn With Darwen, BB1 9SN	£99,950	£95,000	-£4,950	14 Jan 2023	12 Feb 2024	394 Days
11 Parklands Way, Blackburn, Blackburn With Darwen, BB2 4QS	£200,000	£195,000	-£5,000	04 Oct 2023	12 Feb 2024	131 Days
3 Ribblesdale Avenue, Wilpshire, Blackburn, Lancashire, BB1 9LY	£340,000	£340,000	£00	12 Sep 2023	09 Feb 2024	150 Days
22 Abbott Clough Avenue, Knuzden, Blackburn, Lancashire, BB1 3LP	£165,000	£160,000	-£5,000	09 Nov 2023	09 Feb 2024	92 Days
7 Wasdale Avenue, Blackburn, Blackburn With Darwen, BB1 1XD	£149,950	£148,000	-£1,950	11 Oct 2023	05 Feb 2024	117 Days
53 Knowsley Road, Wilpshire, Blackburn, Lancashire, BB1 9PN	£995,000	£960,000	-£35,000	17 Oct 2023	05 Feb 2024	111 Days
42 York Crescent, Blackburn, Blackburn With Darwen, BB1 9NW	£294,000	£294,000	£00	30 Oct 2023	01 Feb 2024	94 Days
280 Brownhill Drive, Blackburn, Blackburn With Darwen, BB1 9QR	£105,000	£101,000	-£4,000	26 May 2023	01 Feb 2024	251 Days
52 Parsonage Road, Blackburn, Blackburn With Darwen, BB1 9NP	£189,950	£184,000	-£5,950	09 Aug 2023	31 Jan 2024	175 Days

Most Expensive Streets in Blackburn

Postcode	Street	Area	Average	No. of Sales
BB1 9EE	Ribchester Road	Clayton Le Dale	£587,400	5
BB2 7AR	Wyfordby Avenue	Blackburn	£544,500	6
BB1 9JT	Whalley Road	Wilpshire	£531,666	3
BB2 6QQ	Meins Road	Blackburn	£510,000	3
BB1 9JQ	Glendene Park	Clayton Le Dale	£478,316	3
BB1 9PN	Knowsley Road	Wilpshire	£432,427	7
BB1 9PJ	Whalley Road	Wilpshire	£423,352	5
BB2 7BH	Beardwood Meadow	Blackburn	£418,125	4
BB1 9HX	Vicarage Lane	Wilpshire	£403,325	6
BB1 9LQ	Whalley Road	Wilpshire	£400,332	6

Least Expensive Streets in Blackburn

Postcode	Street	Area	Average	No. of Sales
BB2 2PP	Witton Parade	Blackburn	£48,625	4
BB2 3RY	Walsh Street	Blackburn	£52,166	3
BB2 2NG	Stansfeld Street	Blackburn	£53,400	5
BB2 3SE	Leach Street	Blackburn	£54,750	4
BB2 4AY	Hollin Bridge Street	Blackburn	£56,875	7
BB2 3RZ	Dyson Street	Blackburn	£56,916	6
BB2 4DJ	Angela Street	Blackburn	£56,964	7
BB2 6BF	Weavers Court	Preston New Road	£57,375	12
BB2 2RE	Railway View	Blackburn	£57,500	4
BB2 4AU	Exeter Street	Blackburn	£57,970	5