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Whalley House Prices Whalley House Prices

The average house price in Whalley is £377,500 using HM Land Registry data.

The average property price increased by £36,283 (11.02%) over the last 5 years and increased by £7,251 (2.02%) over the last 12 months.

Over the last year, there were 47 residential property sales – a decrease of 18 transactions (-38.30%) relative to the previous year. The majority of house sales (12) were in the £230,000 - £300,000 range. Then came properties in the £300,000 - £370,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 48 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,546 (-2%).

In April 2024, there were 7 new estate agency instructions, 9 agreed home sales and 2 property price reductions.

Postcodes Covered: BB7

5-Year Average Property Prices in Whalley

11.02%

Property prices in Whalley increased by 11.02% 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 Whalley Over the Last Year

2.02%

Property prices in Whalley increased by 2.02% 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 Whalley - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Whalley

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 Whalley

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 Whalley

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 Whalley since 1995

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

Recent Property Sales in Whalley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Sands Cottage, The Sands, Whalley, Clitheroe, Lancashire, BB7 9TL£875,000£865,000-£10,00023 Aug 202305 Feb 2024166 Days
31 Hayhurst Road, Whalley, Clitheroe, Lancashire, BB7 9RL£435,000£427,500-£7,50001 Sep 202319 Jan 2024140 Days
5 Moor Field, Whalley, Clitheroe, Lancashire, BB7 9SA£450,000£435,000-£15,00002 Aug 202315 Dec 2023135 Days
3 The Crescent, Whalley, Clitheroe, Lancashire, BB7 9JW£325,000£320,000-£5,00011 Oct 202312 Dec 202362 Days
27 Abbots Croft, Whalley, Clitheroe, Lancashire, BB7 9RR£335,000£328,000-£7,00008 Jun 202310 Nov 2023155 Days
9 Nightingale Close, Whalley, Clitheroe, Lancashire, BB7 9XB£157,500£157,500£0020 Apr 202320 Oct 2023183 Days
13 Clitheroe Road, Whalley, Clitheroe, Lancashire, BB7 9AA£475,000£460,000-£15,00001 Jun 202308 Sep 202399 Days
84 Pendle Drive, Whalley, Clitheroe, Lancashire, BB7 9JT£140,000£140,000£0026 Apr 202311 Aug 2023107 Days
43 Woodlands Park, Whalley, Clitheroe, Lancashire, BB7 9UG£315,000£315,000£0007 Mar 202321 Jul 2023136 Days
44 Woodlands Park, Whalley, Clitheroe, Lancashire, BB7 9UG£230,000£230,000£0007 Mar 202329 Jun 2023114 Days
12 Corn Mill Mews, Whalley, Clitheroe, Lancashire, BB7 9ST£290,000£280,000-£10,00010 Feb 202328 Apr 202377 Days
31 Manorfields, Whalley, Clitheroe, Lancashire, BB7 9UD£155,000£152,500-£2,50013 Jul 202224 Mar 2023254 Days
16 Limefield Avenue, Whalley, Clitheroe, Lancashire, BB7 9RJ£420,000£420,000£0013 Oct 202217 Mar 2023155 Days
15 King Street, Whalley, Clitheroe, Lancashire, BB7 9SP£289,000£281,000-£8,00021 Sep 202213 Mar 2023173 Days
53 Woodlands Park, Whalley, Clitheroe, Lancashire, BB7 9UG£240,000£238,000-£2,00009 Dec 202213 Mar 202394 Days
6 Waters Edge, Whalley, Clitheroe, Lancashire, BB7 9UF£379,950£375,000-£4,95017 Nov 202210 Mar 2023113 Days
95 King Street, Whalley, Clitheroe, Lancashire, BB7 9SW£270,000£250,000-£20,00017 Nov 202207 Feb 202382 Days
6 Calder Vale, Whalley, Clitheroe, Lancashire, BB7 9SR£240,000£220,000-£20,00020 Oct 202203 Feb 2023106 Days
4 Calder Vale, Whalley, Clitheroe, Lancashire, BB7 9SR£320,000£300,000-£20,00028 Apr 202227 Jan 2023274 Days
1 Westfield Close, Whalley, Clitheroe, Lancashire, BB7 9XG£375,000£350,000-£25,00017 Jun 202218 Jan 2023215 Days

Most Expensive Streets in Whalley

PostcodeStreetAreaAverageNo. of Sales
BB7 9ADClitheroe RoadWhalley£1,086,6663
BB7 9RGBrookes LaneWhalley£770,6005
BB7 9AFWiswell LaneWhalley£606,6663
BB7 9XHDeer Park CrescentWhalley£605,6663
BB7 9XLSpringwood DriveWhalley£553,7985
BB7 9ULFell ViewWhalley£485,0003
BB7 9TLThe SandsWhalley£480,9003
BB7 9RDHawthorn CloseWhalley£465,4287
BB7 9SJPasture GroveWhalley£452,0004
BB7 9YJRiver CloseWhalley£437,3074

Least Expensive Streets in Whalley

PostcodeStreetAreaAverageNo. of Sales
BB7 9XBNightingale CloseWhalley£139,3717
BB7 9UDManorfieldsWhalley£140,5836
BB7 9SQHayhurst CloseWhalley£157,6254
BB7 9UEThe CloistersWhalley£157,9434
BB7 9RECottam CloseWhalley£158,5003
BB7 9TAQueen StreetWhalley£179,56811
BB7 9TDAccrington RoadWhalley£205,6124
BB7 9XYBarley CloseWhalley£224,3333
BB7 9TBWoodfield ViewWhalley£231,3333
BB7 9YGNab ViewWhalley£236,6427

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