Farnworth House Prices Farnworth House Prices

The average house price in Farnworth is £174,250 using HM Land Registry data.

The average property price increased by £58,577 (53.25%) over the last 5 years and increased by £11,708 (7.46%) over the last 12 months.

Over the last year, there were 212 residential property sales – a decrease of 67 transactions (-31.60%) relative to the previous year. The majority of house sales (47) were in the £118,000 - £146,000 range. Then came properties in the £146,000 - £174,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,257 (-2%).

In April 2024, there were 39 new estate agency instructions, 20 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in Farnworth

53.25%

Property prices in Farnworth increased by 53.25% 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

7.46%

Property prices in Farnworth increased by 7.46% 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 Farnworth - 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 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

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Glass Street, Farnworth, Bolton, Greater Manchester, BL4 9LA£125,000£125,000£0015 Dec 202308 Mar 202484 Days
15 Mayfield Avenue, Farnworth, Bolton, Greater Manchester, BL4 9NY£195,000£190,000-£5,00026 Jul 202328 Feb 2024217 Days
42 Seathwaite Road, Farnworth, Bolton, Greater Manchester, BL4 0QY£260,000£255,000-£5,00008 Nov 202323 Feb 2024107 Days
64 Central Avenue, Farnworth, Bolton, Greater Manchester, BL4 0AU£169,950£166,500-£3,45013 Jun 202322 Feb 2024254 Days
13 Hawthorne Avenue, Farnworth, Bolton, Greater Manchester, BL4 0BN£189,995£186,000-£3,99531 Jul 202319 Feb 2024203 Days
25 Rowena Street, Bolton, Greater Manchester, BL3 2PW£125,000£120,000-£5,00011 Sep 202302 Feb 2024144 Days
20 Barton Street, Farnworth, Bolton, Greater Manchester, BL4 8BW£110,000£105,000-£5,00003 May 202331 Jan 2024273 Days
Flat 9, Lever House, Moorfield Chase, Farnworth, Bolton, Greater Manchester, BL4 9DW£75,000£75,000£0007 Feb 202326 Jan 2024353 Days
16 Loweswater Road, Farnworth, Bolton, Greater Manchester, BL4 0PL£190,000£190,000£0004 Oct 202326 Jan 2024114 Days
1 Caldbeck Drive, Farnworth, Bolton, Greater Manchester, BL4 0RL£235,000£225,000-£10,00025 Jul 202315 Jan 2024174 Days
31 Briarfield Road, Farnworth, Bolton, Greater Manchester, BL4 0HD£300,000£300,000£0028 Jul 202319 Dec 2023144 Days
37 Paisley Park, Farnworth, Bolton, Greater Manchester, BL4 7ET£172,500£166,000-£6,50001 Nov 202315 Dec 202344 Days
76 Dixon Green Drive, Farnworth, Bolton, Greater Manchester, BL4 7EQ£210,000£200,000-£10,00010 Aug 202313 Dec 2023125 Days
20 Seathwaite Road, Farnworth, Bolton, Greater Manchester, BL4 0QY£205,000£205,000£0014 Sep 202311 Dec 202388 Days
14 Albert Grove, Farnworth, Bolton, Greater Manchester, BL4 9ED£135,000£125,000-£10,00012 Aug 202304 Dec 2023114 Days
2 Iris Avenue, Farnworth, Bolton, Greater Manchester, BL4 0DR£200,000£170,000-£30,00017 Apr 202320 Nov 2023217 Days
4 Martin Avenue, Farnworth, Bolton, Greater Manchester, BL4 0QU£159,950£152,000-£7,95004 Jul 202317 Nov 2023136 Days
Flat 9, Shaw House, Moorfield Chase, Farnworth, Bolton, Greater Manchester, BL4 9DQ£80,000£77,500-£2,50030 Jul 202217 Nov 2023475 Days
10 Harper Street, Farnworth, Bolton, Greater Manchester, BL4 7HZ£120,000£110,000-£10,00013 Sep 202316 Nov 202364 Days
22 Rowena Street, Bolton, Greater Manchester, BL3 2PW£150,000£150,000£0031 Mar 202313 Nov 2023227 Days

Most Expensive Streets in Farnworth

PostcodeStreetAreaAverageNo. of Sales
BL4 7HTHarper Green RoadFarnworth£313,3333
BL4 0NQGrantchester PlaceFarnworth£290,0003
BL3 2JABroad Oak RoadBolton£281,8333
BL4 9JYBradford StreetFarnworth£260,6663
BL4 0NLWaters EdgeFarnworth£260,1666
BL4 0LXLeyton CloseFarnworth£244,0003
BL4 0LUColchester DriveFarnworth£231,1787
BL4 9RRPear Tree DriveFarnworth£229,2508
BL4 7SXGlynwood ParkFarnworth£221,6663
BL4 0LAPlodder LaneFarnworth£221,0717

Least Expensive Streets in Farnworth

PostcodeStreetAreaAverageNo. of Sales
BL4 9PQBuckley LaneFarnworth£59,5004
BL4 7LJPhethean StreetFarnworth£68,5006
BL4 9DWLever HouseMoorfield Chase£72,1166
BL4 9DUBridgeman HouseMoorfield Chase£73,7005
BL3 2PZLoxham StreetBolton£74,1427
BL4 7DHGlynne StreetFarnworth£75,9005
BL4 9SHBuckley LaneFarnworth£78,9166
BL4 7HGVictoria StreetFarnworth£79,0004
BL4 9DQShaw HouseMoorfield Chase£79,9005
BL3 2QACorson StreetBolton£80,6666

Explore Farnworth and Neighbouring Area House Prices