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Farnworth House Prices

The average house price in Farnworth is £172,291 using HM Land Registry data.

The average property price increased by £59,098 (52.97%) over the last 5 years and increased by £11,814 (7.44%) over the last 12 months.

Over the last year, there were 194 residential property sales – a decrease of 93 transactions (-47.94%) relative to the previous year. The majority of house sales (43) were in the £118,000 - £146,000 range. Then came properties in the £146,000 - £174,000 range, where 37 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 35 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,257 (-2%).

In June 2024, there were 40 new estate agency instructions, 43 agreed home sales and 11 property price reductions.

5-Year Average Property Prices in Farnworth

52.97%

Property prices in Farnworth increased by 52.97% 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 Farnworth Over the Last Year

7.44%

Property prices in Farnworth increased by 7.44% 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 Farnworth - June 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Farnworth

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 Farnworth

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 Farnworth

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 Farnworth since 1995

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

Recent Property Sales in Farnworth

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
66 Worsley Road, Farnworth, Bolton, Greater Manchester, BL4 9LT	£170,000	£163,000	-£7,000	03 Oct 2023	05 Apr 2024	185 Days
35 Carnation Road, Farnworth, Bolton, Greater Manchester, BL4 0EG	£199,950	£190,000	-£9,950	01 Nov 2023	02 Apr 2024	153 Days
15 Leyton Close, Farnworth, Bolton, Greater Manchester, BL4 0LX	£225,000	£220,000	-£5,000	01 Dec 2023	28 Mar 2024	118 Days
2 Glass Street, Farnworth, Bolton, Greater Manchester, BL4 9LA	£125,000	£125,000	£00	15 Dec 2023	08 Mar 2024	84 Days
15 Mayfield Avenue, Farnworth, Bolton, Greater Manchester, BL4 9NY	£195,000	£190,000	-£5,000	26 Jul 2023	28 Feb 2024	217 Days
42 Seathwaite Road, Farnworth, Bolton, Greater Manchester, BL4 0QY	£260,000	£255,000	-£5,000	08 Nov 2023	23 Feb 2024	107 Days
64 Central Avenue, Farnworth, Bolton, Greater Manchester, BL4 0AU	£169,950	£166,500	-£3,450	13 Jun 2023	22 Feb 2024	254 Days
13 Hawthorne Avenue, Farnworth, Bolton, Greater Manchester, BL4 0BN	£189,995	£186,000	-£3,995	31 Jul 2023	19 Feb 2024	203 Days
25 Rowena Street, Bolton, Greater Manchester, BL3 2PW	£125,000	£120,000	-£5,000	11 Sep 2023	02 Feb 2024	144 Days
20 Barton Street, Farnworth, Bolton, Greater Manchester, BL4 8BW	£110,000	£105,000	-£5,000	03 May 2023	31 Jan 2024	273 Days
Flat 9, Lever House, Moorfield Chase, Farnworth, Bolton, Greater Manchester, BL4 9DW	£75,000	£75,000	£00	07 Feb 2023	26 Jan 2024	353 Days
16 Loweswater Road, Farnworth, Bolton, Greater Manchester, BL4 0PL	£190,000	£190,000	£00	04 Oct 2023	26 Jan 2024	114 Days
5 Crompton Street, Farnworth, Bolton, Greater Manchester, BL4 8HW	£200,000	£200,000	£00	20 Jul 2023	26 Jan 2024	190 Days
1 Caldbeck Drive, Farnworth, Bolton, Greater Manchester, BL4 0RL	£235,000	£225,000	-£10,000	25 Jul 2023	15 Jan 2024	174 Days
9 Green Street, Farnworth, Bolton, Greater Manchester, BL4 7EN	£140,000	£135,000	-£5,000	19 Sep 2023	11 Jan 2024	114 Days
31 Briarfield Road, Farnworth, Bolton, Greater Manchester, BL4 0HD	£300,000	£300,000	£00	28 Jul 2023	19 Dec 2023	144 Days
37 Paisley Park, Farnworth, Bolton, Greater Manchester, BL4 7ET	£172,500	£166,000	-£6,500	01 Nov 2023	15 Dec 2023	44 Days
76 Dixon Green Drive, Farnworth, Bolton, Greater Manchester, BL4 7EQ	£210,000	£200,000	-£10,000	10 Aug 2023	13 Dec 2023	125 Days
20 Seathwaite Road, Farnworth, Bolton, Greater Manchester, BL4 0QY	£205,000	£205,000	£00	14 Sep 2023	11 Dec 2023	88 Days
14 Albert Grove, Farnworth, Bolton, Greater Manchester, BL4 9ED	£135,000	£125,000	-£10,000	12 Aug 2023	04 Dec 2023	114 Days

Most Expensive Streets in Farnworth

Postcode	Street	Area	Average	No. of Sales
BL4 7HT	Harper Green Road	Farnworth	£313,333	3
BL4 0NQ	Grantchester Place	Farnworth	£290,000	3
BL3 2JA	Broad Oak Road	Bolton	£281,833	3
BL4 9JY	Bradford Street	Farnworth	£260,666	3
BL4 0NL	Waters Edge	Farnworth	£260,166	6
BL4 0LX	Leyton Close	Farnworth	£238,000	4
BL4 0AP	Marsh Lane	Farnworth	£231,750	4
BL4 0LU	Colchester Drive	Farnworth	£231,178	7
BL4 9RR	Pear Tree Drive	Farnworth	£229,250	8
BL4 0RL	Caldbeck Drive	Farnworth	£222,857	7

Least Expensive Streets in Farnworth

Postcode	Street	Area	Average	No. of Sales
BL4 9PQ	Buckley Lane	Farnworth	£59,500	4
BL4 7LJ	Phethean Street	Farnworth	£69,500	4
BL4 9DW	Lever House	Moorfield Chase	£72,116	6
BL4 9DU	Bridgeman House	Moorfield Chase	£73,700	5
BL4 7DH	Glynne Street	Farnworth	£75,900	5
BL3 2PZ	Loxham Street	Bolton	£76,166	6
BL4 9SH	Buckley Lane	Farnworth	£78,916	6
BL4 7HG	Victoria Street	Farnworth	£79,000	4
BL4 9DQ	Shaw House	Moorfield Chase	£79,900	5
BL4 8BW	Barton Street	Farnworth	£80,000	3