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Horwich House Prices Horwich House Prices

The average house price in Horwich is £247,500 using HM Land Registry data.

The average property price increased by £42,440 (22.82%) over the last 5 years and increased by £8,482 (3.86%) over the last 12 months.

Over the last year, there were 202 residential property sales – a decrease of 197 transactions (-97.52%) relative to the previous year. The majority of house sales (67) were in the £120,000 - £172,000 range. Then came properties in the £172,000 - £224,000 range, where 57 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,990 (-3%).

In April 2024, there were 73 new estate agency instructions, 24 agreed home sales and 30 property price reductions.

Neighbouring Areas: Blackrod, Bolton

Postcodes Covered: BL6

5-Year Average Property Prices in Horwich

22.82%

Property prices in Horwich increased by 22.82% 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 Horwich Over the Last Year

3.86%

Property prices in Horwich increased by 3.86% 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 Horwich - 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 Horwich

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 Horwich

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 Horwich

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 Horwich since 1995

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

Recent Property Sales in Horwich

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Springburn Close, Horwich, Bolton, Greater Manchester, BL6 6SR£215,000£215,000£0020 Sep 202307 Mar 2024169 Days
74 Church Street, Horwich, Bolton, Greater Manchester, BL6 6AB£210,000£196,500-£13,50021 Oct 202305 Mar 2024136 Days
35 Cooper Street, Horwich, Bolton, Greater Manchester, BL6 7AT£89,995£88,995-£1,00025 Apr 202301 Mar 2024311 Days
433 Chorley New Road, Horwich, Bolton, Greater Manchester, BL6 6EJ£160,000£160,000£0011 Sep 202301 Mar 2024172 Days
8 Grosvenor Way, Horwich, Bolton, Greater Manchester, BL6 6DJ£210,000£203,000-£7,00008 Aug 202301 Mar 2024206 Days
3 Ainscow Avenue, Lostock, Bolton, Greater Manchester, BL6 4LR£325,000£300,000-£25,00007 Sep 202302 Feb 2024148 Days
14 Malvern Close, Horwich, Bolton, Greater Manchester, BL6 7LY£300,000£285,000-£15,00020 Jul 202302 Feb 2024197 Days
13 Armstrong Street, Horwich, Bolton, Greater Manchester, BL6 5PW£115,000£112,500-£2,50027 Sep 202325 Jan 2024120 Days
6 Church Street, Horwich, Bolton, Greater Manchester, BL6 6AD£175,000£168,000-£7,00015 Jun 202323 Jan 2024222 Days
26 Mallard Drive, Horwich, Bolton, Greater Manchester, BL6 5RN£300,000£280,000-£20,00013 Jul 202319 Jan 2024190 Days
14 Brooklands, Horwich, Bolton, Greater Manchester, BL6 5RW£345,000£335,000-£10,00010 Aug 202312 Dec 2023124 Days
23 Wilderswood Avenue, Horwich, Bolton, Greater Manchester, BL6 7ES£160,000£150,000-£10,00030 Jun 202308 Dec 2023161 Days
193 Crown Lane, Horwich, Bolton, Greater Manchester, BL6 7QW£220,000£207,500-£12,50010 Aug 202308 Dec 2023120 Days
43 Mallard Drive, Horwich, Bolton, Greater Manchester, BL6 5RN£165,000£160,000-£5,00014 Aug 202306 Dec 2023114 Days
35 Hope Street North, Horwich, Bolton, Greater Manchester, BL6 7LL£175,000£163,000-£12,00028 Jul 202329 Nov 2023124 Days
12 Ormston Avenue, Horwich, Bolton, Greater Manchester, BL6 7EA£170,000£167,000-£3,00017 Jul 202327 Nov 2023133 Days
35 Thirlmere Avenue, Horwich, Bolton, Greater Manchester, BL6 6DS£170,000£170,000£0007 Feb 202317 Nov 2023283 Days
4 Douglas Close, Horwich, Bolton, Greater Manchester, BL6 7EF£190,000£185,000-£5,00019 May 202314 Nov 2023179 Days
1 Kensington Drive, Horwich, Bolton, Greater Manchester, BL6 6AE£450,000£430,000-£20,00009 Aug 202310 Nov 202393 Days
57 Darley Street, Horwich, Bolton, Greater Manchester, BL6 7LD£165,000£158,060-£6,94023 Aug 202303 Nov 202372 Days

Most Expensive Streets in Horwich

PostcodeStreetAreaAverageNo. of Sales
BL6 7RTDryfield LaneRivington£721,6663
BL6 4GSLostock Hall GardensLostock£587,3438
BL6 7LQLever Park AvenueHorwich£497,2805
BL6 6ALFoxholes RoadHorwich£478,3333
BL6 4ALChorley New RoadLostock£477,8577
BL6 4LYHigher AustinsLostock£428,3333
BL6 7FSCrown PlaceHorwich£419,8577
BL6 4JFPurbeck DriveLostock£385,6568
BL6 7REMerefoldHorwich£371,6663
BL6 6ARManor RoadHorwich£366,8754

Least Expensive Streets in Horwich

PostcodeStreetAreaAverageNo. of Sales
BL6 5NQStephenson StreetHorwich£73,3333
BL6 5QEChorley New RoadHorwich£73,5006
BL6 6DXMulberry CourtHorwich£75,6254
BL6 7ATCooper StreetHorwich£86,78513
BL6 6JYDale Street EastHorwich£87,0003
BL6 5QRTomlinson StreetHorwich£87,2504
BL6 6DFVictoria CourtStocks Park Drive£88,80010
BL6 6ELAbernethy StreetHorwich£89,0003
BL6 6JUDale Street WestHorwich£92,2857
BL6 7PHDixon StreetHorwich£93,6005

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