House prices in BB1 4 (Rishton)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BB1 4' (Rishton, Blackburn) - statistics were last calculated on 04 October 2024.


Defining 'BB1 4'

This analysis is limited to properties whose postcode starts with "BB1 4", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Rishton.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Rishton is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 68, Talbot Street, Rishton, Blackburn, sold for £76,500 on Jul-2024. Given the internal area of 71 square metres, the price per sqm is £1,077.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £1,900-£2,000, £2,000-£2,100, £2,100-£2,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 154 sales in Rishton (BB1 4) that took place in the last two years.

Distribution of £ per sqm for Rishton, Blackburn
Distribution of £ per sqm house prices in Rishton

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Rishton (BB1 4). Of the 154 transactions, half were sold for between £1,060 and £2,180 per square metre. The median, or 'middle', price per square metre in 'BB1 4' is £1,340. Notably, only 25% of properties that sold recently were valued at more than £2,180 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Rishton, Blackburn

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Blackburn. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Rishton
House price heatmap for Rishton, Blackburn

Comparison with neighbouring postcode sectors

The table below shows how 'BB1 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BB1 1 Blackburn £1,070 sqm £1,330 sqm £1,670 sqm
BB1 2 Blackburn £1,270 sqm £1,560 sqm £2,010 sqm
BB1 4 Rishton £1,060 sqm £1,340 sqm £2,180 sqm
BB1 3 Blackburn £1,250 sqm £1,760 sqm £2,190 sqm
BB1 8 Blackburn £1,480 sqm £1,930 sqm £2,310 sqm
BB1 9 Blackburn £1,550 sqm £2,040 sqm £2,620 sqm
BB1 6 Blackburn £1,190 sqm £1,380 sqm £1,740 sqm
BB1 5 Blackburn £1,270 sqm £1,800 sqm £2,110 sqm
BB1 7 Blackburn £1,130 sqm £1,530 sqm £1,720 sqm

Will Blackburn house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for BB1 4 (Rishton) compared with both the wider area BB1 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Rishton,Blackburn
House price trends for Rishton

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent BB1 4 sales
Recent trends for Rishton

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Blackburn to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Blackburn and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Tomlinson Place, Rishton, BB1 4A 73 sqm £2,019 15
Hermitage Street, Rishton, BB1 4N 97 sqm £983 15
Talbot Street, Rishton, BB1 4N 81 sqm £1,057 13
Spring Street, Rishton, BB1 4L 79 sqm £950 13
Harwood Road, Rishton, BB1 4D 95 sqm £1,303 13
Cliff Street, Rishton, BB1 4E 93 sqm £1,071 12
Petre Crescent, Rishton, BB1 4R 81 sqm £2,307 12
Burton Street, Rishton, BB1 4P 77 sqm £857 10

Search for your street here.

Raw data

Our analysis of Rishton is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
68, Talbot St, Rishton, Blackburn £76,500
Jul-2024
71 1,077
93, Harwood Rd, Rishton, Blackburn £127,500
Jun-2024
104 1,225
90, Knowles St, Rishton, Blackburn £105,000
Jun-2024
80 1,312

See the entire list of all sales in Rishton (BB1 4) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.