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Burnley House Prices Burnley House Prices

The average house price in Burnley is £120,903 using HM Land Registry data.

The average property price increased by £25,544 (21.71%) over the last 5 years and increased by £5,118 (3.71%) over the last 12 months.

Over the last year, there were 895 residential property sales – a decrease of 207 transactions (-23.13%) relative to the previous year. The majority of house sales (257) were in the £50,000 - £86,000 range. Then came properties in the £86,000 - £122,000 range, where 186 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 113 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,024 (-3%).

In Dec 24, there were 73 new estate agency instructions, 87 agreed home sales and 66 property price reductions.

Neighbouring Areas: Brierfield, Padiham

Postcodes Covered: BB10, BB11, BB12

5-Year Average Property Prices in Burnley

21.71%

Property prices in Burnley increased by 21.71% 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 Burnley Over the Last Year

3.71%

Property prices in Burnley increased by 3.71% 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 Burnley - Dec 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 Burnley

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 Burnley

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 Burnley

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 Burnley since 1995

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

Recent Property Sales in Burnley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Mosedale Drive, Burnley, Lancashire, BB12 8UJ£330,000£330,000£0014 Aug 202422 Nov 2024100 Days
42 Healdwood Drive, Burnley, Lancashire, BB12 0EA£215,000£195,000-£20,00011 Jun 202421 Nov 2024163 Days
41 Grisedale Drive, Burnley, Lancashire, BB12 8AR£295,000£280,000-£15,00026 Jun 202419 Nov 2024146 Days
Sunnymeade, Lower Rosegrove Lane, Burnley, Lancashire, BB12 6TT£329,950£324,000-£5,95011 Apr 202415 Nov 2024218 Days
38 Brantfell Drive, Burnley, Lancashire, BB12 8AW£275,000£270,000-£5,00014 Aug 202412 Nov 202490 Days
18 Lansdowne Close, Burnley, Lancashire, BB11 2JW£145,000£120,000-£25,00019 Jun 202408 Nov 2024142 Days
46 Raglan Road, Burnley, Lancashire, BB11 4LB£67,500£39,950-£27,55012 Dec 202306 Nov 2024330 Days
251 Cog Lane, Burnley, Lancashire, BB11 5JS£95,000£95,000£0017 Jun 202404 Nov 2024140 Days
16 Slaidburn Avenue, Burnley, Lancashire, BB10 4NS£140,000£109,500-£30,50007 Jun 202401 Nov 2024147 Days
15 Sweet Clough Drive, Burnley, Lancashire, BB12 6LY£280,000£275,000-£5,00016 Jul 202401 Nov 2024108 Days
34 Bramley Avenue, Burnley, Lancashire, BB12 0HU£249,950£249,950£0024 Apr 202401 Nov 2024191 Days
94 Lowerhouse Lane, Burnley, Lancashire, BB12 6JA£115,000£110,000-£5,00015 Aug 202401 Nov 202478 Days
9 Kensington Place, Burnley, Lancashire, BB11 4NL£90,000£90,000£0020 Jun 202431 Oct 2024133 Days
29 Laithe Street, Burnley, Lancashire, BB11 2LH£65,000£65,000£0022 Jun 202431 Oct 2024131 Days
60 Lydgate, Burnley, Lancashire, BB10 2DU£180,000£165,000-£15,00002 Aug 202430 Oct 202489 Days
3 St Cuthbert Street, Burnley, Lancashire, BB10 1UD£60,000£57,000-£3,00014 Aug 202430 Oct 202477 Days
20 Lyndhurst Road, Burnley, Lancashire, BB10 4EG£79,950£69,000-£10,95029 Apr 202429 Oct 2024183 Days
24 Lyndhurst Road, Burnley, Lancashire, BB10 4EG£79,950£69,000-£10,95029 Apr 202429 Oct 2024183 Days
23 Bristol Street, Burnley, Lancashire, BB11 4EU£95,000£88,000-£7,00011 Jun 202429 Oct 2024140 Days
292 Coal Clough Lane, Burnley, Lancashire, BB11 5BS£99,950£99,950£0023 May 202428 Oct 2024158 Days

Most Expensive Streets in Burnley

PostcodeStreetAreaAverageNo. of Sales
BB12 0LPHilcotIghtenhill Park Lane£435,0003
BB12 6TDPadiham RoadBurnley£421,5184
BB12 8UWLorton CloseBurnley£391,1503
BB12 6TEPadiham RoadBurnley£383,6663
BB12 8UGKentmere CloseBurnley£365,8333
BB12 8XDDovedale DriveBurnley£359,2504
BB12 0TAHelvellyn DriveBurnley£356,7504
BB11 3PRBrooklands RoadBurnley£356,1254
BB10 1TPColne RoadBurnley£350,0003
BB10 4JPApplecross DriveBurnley£346,00011

Least Expensive Streets in Burnley

PostcodeStreetAreaAverageNo. of Sales
BB11 4PQHoward StreetBurnley£34,0003
BB10 1ASBrief StreetBurnley£35,1663
BB10 1BXWhalley StreetBurnley£37,7496
BB11 4NUHarold StreetBurnley£40,9993
BB10 1PRSpencer StreetBurnley£41,7494
BB11 4JXHerbert StreetBurnley£41,91213
BB11 4PUPiccadilly RoadBurnley£42,34011
BB11 3DEAlbert StreetBurnley£43,1248
BB12 6QEWordsworth StreetBurnley£43,3333
BB10 1UYBriercliffe RoadBurnley£43,5003

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