Feb 07, 2023 by HM

# House prices in Barn Close (BB2 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Barn Close (BB2 3).

## Defining 'BB2 3'

This analysis is limited to properties whose postcode starts with "BB2 3", 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 Barn Close 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. 6, Observatory Road, Barn Close, Blackburn, sold for £170,000 on Jan-2024. Given the internal area of 95 square metres, the price per sqm is £1,789.

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. £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 198 sales in Barn Close (BB2 3) that took place in the last two years.

##### Distribution of £ per sqm for Barn Close (BB2 3)
Distribution of £ per sqm house prices in Barn Close

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 Barn Close (BB2 3). Of the 198 transactions, half were sold for between £970 and £1,930 per square metre. The median, or 'middle', price per square metre in 'BB2 3' is £1,400. Notably, only 25% of properties that sold recently were valued at more than £1,930m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Barn Close

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 Barn Close. 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 Barn Close

## Comparison with neighbouring postcode sectors

The table below shows how 'BB2 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BB2 1 Barn Close £980m2 £1,100m2 £1,340m2
BB2 7 Mellor £2,200m2 £2,520m2 £2,810m2
BB2 2 Blackburn £980m2 £1,190m2 £1,440m2
BB2 4 Feniscowles £930m2 £1,260m2 £2,050m2
BB2 5 Feniscowles £2,060m2 £2,340m2 £2,640m2
BB2 6 Pleasington £1,090m2 £1,360m2 £1,630m2
BB2 3 Barn Close £970m2 £1,400m2 £1,930m2

## Will Barn Close 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 BB2 3 (Barn Close). 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 BB2 3 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Barn Close (BB2 3) over time
House price trends for Barn Close

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Barn Close 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 Barn Close data or any other data I am given.

## Street level data

Street Avg size Avg £/m2 Recent sales
Lynthorpe Road, Barn Close, BB2 3P 93m2 £883 15
Rockcliffe Street, Barn Close, BB2 3A 83m2 £1,014 13
Marlton Road, Barn Close, BB2 3L 88m2 £902 13
Haslingden Road, Barn Close, BB2 3H 76m2 £1,565 13
Lindisfarne Avenue, Barn Close, BB2 3E 64m2 £2,071 12
Leopold Way, Barn Close, BB2 3U 79m2 £1,346 12
Whitaker Drive, Barn Close, BB2 3L 82m2 £1,858 11
Sunny Bank Road, Barn Close, BB2 3N 103m2 £1,193 11

## Raw data

Our analysis of Barn Close 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.