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Rishton House Prices Rishton House Prices

The average house price in Rishton is £190,000 using HM Land Registry data.

The average property price increased by £43,241 (39.09%) over the last 5 years and increased by £8,642 (5.95%) over the last 12 months.

Over the last year, there were 78 residential property sales – a decrease of 22 transactions (-28.21%) relative to the previous year. The majority of house sales (19) were in the £70,000 - £106,000 range. Then came properties in the £106,000 - £142,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 19 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,750 (-3%).

In April 2024, there were 14 new estate agency instructions, 7 agreed home sales and 6 property price reductions.

Postcodes Covered: BB1

5-Year Average Property Prices in Rishton

39.09%

Property prices in Rishton increased by 39.09% 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 Rishton Over the Last Year

5.95%

Property prices in Rishton increased by 5.95% 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 Rishton - 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).

0 to 20 days is an encouraging sign and shows that homes, on average, are selling within 3 weeks of going to market. As long as the property is priced realistically, there's a good chance of getting an offer within this timeframe. There may even be evidence of homes selling for over the asking price. However, please be mindful of the fact that your local housing market could be at risk of overheating.

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 Rishton

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 Rishton

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 Rishton

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 Rishton since 1995

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

Recent Property Sales in Rishton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
48 Somerset Road, Rishton, Blackburn, Lancashire, BB1 4BP£250,000£242,000-£8,00024 Oct 202323 Feb 2024122 Days
43 Walmsley Avenue, Rishton, Blackburn, Lancashire, BB1 4RE£170,000£167,000-£3,00019 Oct 202316 Feb 2024120 Days
88 Harwood Road, Rishton, Blackburn, Lancashire, BB1 4DZ£160,000£160,000£0010 Jul 202315 Dec 2023158 Days
46 Somerset Road, Rishton, Blackburn, Lancashire, BB1 4BP£220,000£220,000£0031 Jul 202301 Dec 2023123 Days
75 Petre Crescent, Rishton, Blackburn, Lancashire, BB1 4RG£149,995£147,500-£2,49519 Jun 202317 Nov 2023151 Days
86 Knowles Street, Rishton, Blackburn, Lancashire, BB1 4HT£135,000£135,000£0031 May 202309 Nov 2023162 Days
108 Hermitage Street, Rishton, Blackburn, Lancashire, BB1 4NL£190,000£188,000-£2,00006 Sep 202306 Nov 202361 Days
36 Clarke Street, Rishton, Blackburn, Lancashire, BB1 4JG£89,950£89,950£0011 Aug 202303 Nov 202384 Days
30 Clifton Street, Rishton, Blackburn, Lancashire, BB1 4DW£150,000£144,000-£6,00022 Jun 202302 Nov 2023133 Days
8 Petre Crescent, Rishton, Blackburn, Lancashire, BB1 4RB£199,950£195,000-£4,95024 May 202327 Oct 2023156 Days
36 Walmsley Avenue, Rishton, Blackburn, Lancashire, BB1 4RE£250,000£250,000£0012 Jun 202326 Oct 2023136 Days
16 Cornwall Road, Rishton, Blackburn, Lancashire, BB1 4DB£230,000£220,000-£10,00017 May 202308 Sep 2023114 Days
58 Cliff Street, Rishton, Blackburn, Lancashire, BB1 4EE£89,950£85,000-£4,95010 May 202305 Sep 2023118 Days
30 Haworth Street, Rishton, Blackburn, Lancashire, BB1 4HU£75,000£75,000£0008 Jun 202331 Aug 202384 Days
13 George Street, Rishton, Blackburn, Lancashire, BB1 4JF£89,950£89,000-£95016 Mar 202318 Aug 2023155 Days
2 Church Street, Rishton, Blackburn, Lancashire, BB1 4DD£150,000£143,000-£7,00027 Mar 202317 Aug 2023143 Days
11 Cornwall Road, Rishton, Blackburn, Lancashire, BB1 4DB£170,000£160,000-£10,00016 Feb 202307 Aug 2023172 Days
8 The Esplanade, Rishton, Blackburn, Lancashire, BB1 4BL£258,000£255,000-£3,00020 Jan 202304 Aug 2023196 Days
1 Cornwall Road, Rishton, Blackburn, Lancashire, BB1 4DB£215,000£205,000-£10,00021 Mar 202321 Jul 2023122 Days
9 Cornwall Road, Rishton, Blackburn, Lancashire, BB1 4DB£160,000£157,500-£2,50027 Jan 202310 Jul 2023164 Days

Most Expensive Streets in Rishton

PostcodeStreetAreaAverageNo. of Sales
BB1 4BSBlackburn RoadRishton£286,3333
BB1 4ENUlverston DriveRishton£277,3333
BB1 4EGWindermere DriveRishton£253,3336
BB1 4JYSycamore CloseRishton£239,6005
BB1 4BLThe EsplanadeRishton£234,0005
BB1 4ELGrasmere CloseRishton£218,8005
BB1 4EUBlackburn RoadRishton£215,7504
BB1 4HASt Albans RoadRishton£197,68010
BB1 4RBPetre CrescentRishton£197,4389
BB1 4REWalmsley AvenueRishton£197,2787

Least Expensive Streets in Rishton

PostcodeStreetAreaAverageNo. of Sales
BB1 4PDBurton StreetRishton£61,24910
BB1 4HYMary StreetRishton£61,3064
BB1 4LLSpring StreetRishton£64,4994
BB1 4LWClifton StreetRishton£65,0003
BB1 4JHHicks TerraceRishton£66,8624
BB1 4LJSchool StreetRishton£67,1128
BB1 4LPSpring StreetRishton£69,09315
BB1 4JJHenry StreetRishton£71,2508
BB1 4NBCommercial StreetRishton£71,6669
BB1 4JAKnowles StreetRishton£72,0836

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