You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Rawtenstall

Rawtenstall House Prices

The average house price in Rawtenstall is £291,028 using HM Land Registry data.

The average property price increased by £67,175 (37.12%) over the last 5 years and increased by £13,426 (5.72%) over the last 12 months.

Over the last year, there were 248 residential property sales – a decrease of 144 transactions (-58.06%) relative to the previous year. The majority of house sales (71) were in the £100,000 - £158,000 range. Then came properties in the £158,000 - £216,000 range, where 63 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 110 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,568 (-3%).

In April 2024, there were 59 new estate agency instructions, 35 agreed home sales and 34 property price reductions.

5-Year Average Property Prices in Rawtenstall

37.12%

Property prices in Rawtenstall increased by 37.12% 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 Rawtenstall Over the Last Year

5.72%

Property prices in Rawtenstall increased by 5.72% 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 Rawtenstall - 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 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 Rawtenstall

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 Rawtenstall

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 Rawtenstall

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 Rawtenstall since 1995

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

Recent Property Sales in Rawtenstall

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
4 Crawshaw Drive, Reedsholme, Rossendale, Lancashire, BB4 8PR	£350,000	£343,000	-£7,000	31 Oct 2023	18 Mar 2024	139 Days
1 Woodcroft Avenue, Reedsholme, Rossendale, Lancashire, BB4 8NF	£265,000	£255,000	-£10,000	22 Sep 2023	15 Mar 2024	175 Days
29 Clarence Street, Crawshawbooth, Rossendale, Lancashire, BB4 8NX	£165,000	£165,000	£00	07 Oct 2023	08 Mar 2024	153 Days
39 Park Road, Waterfoot, Rossendale, Lancashire, BB4 9BW	£100,000	£100,000	£00	20 Oct 2023	06 Mar 2024	138 Days
5 Greenbridge South, Rossendale, Lancashire, BB4 7DG	£100,000	£100,000	£00	03 Oct 2023	05 Mar 2024	154 Days
5 Dobbin Lane, Rossendale, Lancashire, BB4 7TA	£200,000	£184,000	-£16,000	10 Jul 2023	29 Feb 2024	234 Days
420 Newchurch Road, Cloughfold, Rossendale, Lancashire, BB4 7SN	£315,000	£310,000	-£5,000	19 Sep 2023	16 Feb 2024	150 Days
16 Marl Pits, Rossendale, Lancashire, BB4 7SW	£250,000	£230,000	-£20,000	02 Jun 2023	16 Feb 2024	259 Days
34 Heightside Avenue, Newchurch, Rossendale, Lancashire, BB4 9HA	£400,000	£380,000	-£20,000	22 Aug 2023	14 Feb 2024	176 Days
7 Pendleton Avenue, Rossendale, Lancashire, BB4 8UX	£475,000	£450,000	-£25,000	30 Aug 2023	05 Feb 2024	159 Days
675 Bacup Road, Waterfoot, Rossendale, Lancashire, BB4 7HB	£209,950	£203,000	-£6,950	27 Sep 2023	01 Feb 2024	127 Days
3 Chapel Street, Crawshawbooth, Rossendale, Lancashire, BB4 8BS	£139,950	£139,950	£00	06 Oct 2023	29 Jan 2024	115 Days
727 Burnley Road, Rossendale, Lancashire, BB4 8AN	£169,950	£166,500	-£3,450	27 Jun 2023	29 Jan 2024	216 Days
14 Whittle Street, Rawtenstall, Rossendale, Lancashire, BB4 8SB	£150,000	£150,000	£00	03 Sep 2023	26 Jan 2024	145 Days
5 Rushmoor Close, Loveclough, Rossendale, Lancashire, BB4 8FL	£287,500	£272,000	-£15,500	07 Jun 2023	19 Jan 2024	226 Days
4 Linden Lea, Rawtenstall, Rossendale, Lancashire, BB4 6DX	£145,000	£125,000	-£20,000	30 Mar 2023	12 Jan 2024	288 Days
Waverley, Haslingden Road, Rawtenstall, Rossendale, Lancashire, BB4 6QX	£1,000,000	£960,000	-£40,000	11 Apr 2023	19 Dec 2023	252 Days
35 Musbury Crescent, Rawtenstall, Rossendale, Lancashire, BB4 6AY	£190,000	£185,000	-£5,000	21 Jun 2023	18 Dec 2023	180 Days
5 Hill View, Rawtenstall, Rossendale, Lancashire, BB4 6BN	£150,000	£150,000	£00	28 Jun 2023	18 Dec 2023	173 Days
38 Grange Road, Rawtenstall, Rossendale, Lancashire, BB4 7RU	£270,000	£264,000	-£6,000	05 Sep 2023	15 Dec 2023	101 Days

Most Expensive Streets in Rawtenstall

Postcode	Street	Area	Average	No. of Sales
BB4 6RQ	Melia Close	Rossendale	£654,500	4
BB4 8UR	Mitton Avenue	Rossendale	£555,000	4
BB4 6SW	Lower Cribden Avenue	Rossendale	£531,330	12
BB4 7TE	Dobbin Lane	Rossendale	£530,666	3
BB4 7LA	College Lane	Rawtenstall	£505,200	5
BB4 6QX	Haslingden Road	Rawtenstall	£473,707	7
BB4 8EP	Hollingreave Drive	Rawtenstall	£471,650	3
BB4 8DQ	Hollinview Close	Rawtenstall	£453,666	3
BB4 7TG	Newchurch Road	Rossendale	£443,750	4
BB4 7TR	Newchurch Road	Cloughfold	£441,666	3

Least Expensive Streets in Rawtenstall

Postcode	Street	Area	Average	No. of Sales
BB4 9DN	Wales Road	Rossendale	£53,279	3
BB4 7AU	Millar Barn Lane	Rossendale	£71,544	5
BB4 7BW	Lench Street	Rossendale	£75,983	3
BB4 9ST	Wales Terrace	Rossendale	£79,666	3
BB4 7AZ	Townsend Street	Waterfoot	£80,745	10
BB4 9AR	Burnley Road East	Rossendale	£83,480	10
BB4 7JA	Bacup Road	Waterfoot	£85,083	6
BB4 9JY	Shawclough Street	Whitewell Bottom	£102,500	3
BB4 8HB	Taylor Street	Rawtenstall	£102,833	3
BB4 7AY	Ashworth Street	Waterfoot	£103,333	3