Feb 07, 2023 by HM

House prices in Wilpshire (BB1 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Wilpshire (BB1 9).


Defining 'BB1 9'

This analysis is limited to properties whose postcode starts with "BB1 9", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Wilpshire 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. 299, Whalley New Road, Wilpshire, Blackburn, sold for £92,000 on Feb-2024. Given the internal area of 74 square metres, the price per sqm is £1,243.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. ;-) They may want to convert metres 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. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 234 sales in Wilpshire (BB1 9) that took place in the last two years.

Distribution of £ per sqm for Wilpshire (BB1 9)
Distribution of £ per sqm house prices in Wilpshire

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 Wilpshire (BB1 9). Of the 234 transactions, half were sold for between £1,550 and £2,600 per square metre. The median, or 'middle', price per square metre in 'BB1 9' is £2,050. Notably, only 25% of properties that sold recently were valued at more than £2,600m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Wilpshire

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 Wilpshire. 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 Wilpshire
House price heatmap for Wilpshire

Comparison with neighbouring postcode sectors

The table below shows how 'BB1 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BB1 1 Blackburn £1,020m2 £1,320m2 £1,700m2
BB1 4 Rishton £1,030m2 £1,250m2 £2,080m2
BB1 9 Wilpshire £1,550m2 £2,050m2 £2,600m2
BB1 5 Blackburn £1,210m2 £1,630m2 £2,060m2
BB1 8 Blackburn £1,390m2 £1,900m2 £2,320m2
BB1 2 Guide £1,200m2 £1,550m2 £1,980m2
BB1 3 Knuzden £1,210m2 £1,550m2 £2,170m2
BB1 7 Blackburn £1,190m2 £1,330m2 £1,480m2
BB1 6 Blackburn £1,170m2 £1,310m2 £1,600m2

Will Wilpshire 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 scatter plot below for BB1 9 (Wilpshire). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BB1 9 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Wilpshire (BB1 9) over time
House price trends for Wilpshire

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Wilpshire 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Wilpshire data or any other data I am given.

Street level data

Street Avg size Avg £/m2 Recent sales
Moorfield Avenue, Wilpshire, BB1 9B 74m2 £1,647 21
Highbank, Wilpshire, BB1 9S 64m2 £1,709 21
Brownhill Road, Wilpshire, BB1 9Q 88m2 £1,622 20
Knowsley Road, Wilpshire, BB1 9P 134m2 £2,415 18
Whalley New Road, Wilpshire, BB1 9B 92m2 £1,524 17
Whalley Road, Wilpshire, BB1 9L 151m2 £2,049 17
Whalley New Road, Wilpshire, BB1 9D 60m2 £1,885 17
Ribchester Road, Wilpshire, BB1 9H 123m2 £2,572 14

Search for your street here.

Raw data

Our analysis of Wilpshire 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 m2 £/m2
299, Whalley New Rd, Wilpshire, Blackburn £92,000
Feb-2024
74 1,243
3, Ribblesdale Avenue, Wilpshire, Blackburn £340,000
Feb-2024
128 2,656
93, Cornelian St, Wilpshire, Blackburn £105,000
Feb-2024
88 1,193

See the entire list of all sales in Wilpshire (BB1 9) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.