House prices in BB12 6 (Burnley)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BB12 6' (Burnley, Padiham) - statistics were last calculated on 30 June 2024.

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Defining 'BB12 6'

This analysis is limited to properties whose postcode starts with "BB12 6", 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 Burnley.

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

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

Price per square metre

Knowing the average house price in Burnley 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. 11, Pink Street, Burnley, Padiham, sold for £61,000 on May-2024. Given the internal area of 65 square metres, the price per sqm is £938.

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. £1,350-£1,500, £1,500-£1,650, £1,650-£1,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 301 sales in Burnley (BB12 6) that took place in the last two years.

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 Burnley (BB12 6). Of the 301 transactions, half were sold for between £990 and £1,800 per square metre. The median, or 'middle', price per square metre in 'BB12 6' is £1,230. Notably, only 25% of properties that sold recently were valued at more than £1,800 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 Burnley, Padiham

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 Padiham. 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.

House price heatmap for Burnley, Padiham

Comparison with neighbouring postcode sectors

The table below shows how 'BB12 6' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BB12 0 Burnley	£920 sqm	£1,880 sqm	£2,390 sqm
BB12 6 Burnley	£990 sqm	£1,230 sqm	£1,800 sqm
BB12 7 Padiham	£990 sqm	£1,440 sqm	£2,420 sqm
BB12 8 Padiham	£1,010 sqm	£1,440 sqm	£2,080 sqm
BB12 9 Fence	£2,430 sqm	£2,730 sqm	£3,160 sqm

Will Padiham 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 BB12 6 (Burnley) compared with both the wider area BB12 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

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.

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 Padiham 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 Padiham 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
Lowerhouse Lane, Burnley, BB12 6L	81 sqm	£1,667	26
Padiham Road, Burnley, BB12 6T	106 sqm	£1,695	22
Kime Street, Burnley, BB12 6R	53 sqm	£993	21
Gannow Lane, Burnley, BB12 6Q	69 sqm	£849	19
Scott Street, Burnley, BB12 6N	75 sqm	£1,031	19
Printers Fold, Burnley, BB12 6P	72 sqm	£2,138	19
Groveside Park, Burnley, BB12 6H	68 sqm	£2,344	17
Caernarvon Avenue, Burnley, BB12 6B	73 sqm	£2,010	15

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
Colvin Way, Burnley, BB12 6B	101 sqm	£2,268	32
Foster Drive, Burnley, BB12 6B	102 sqm	£2,236	28

Colvin Way, Burnley, BB12 6B has seen 32 new build sales in the last 4 years (average price £229,365). These new build homes typically have an internal area of 101 sqm, with an average price of £2,268 sqm. This £sqm average is £0 above the average for BB12 6. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Burnley 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
11, Pink St, Burnley, Padiham	£61,000 May-2024	65	938
33, Windsor St, Burnley, Padiham	£68,000 May-2024	56	1,214
317, Lowerhouse Lane, Burnley, Padiham	£88,500 Apr-2024	67	1,320

See the entire list of all sales in Burnley (BB12 6) here.