Feb 07, 2023 by HM

House prices in Feniscowles (BB2 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Feniscowles (BB2 4).


Price per square metre

Knowing the average house price in Feniscowles 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. 1, Cravens Avenue, Feniscowles, Blackburn, sold for £168,000 on Sep-2023. Given the internal area of 89 square metres, the price per sqm is £1,887.

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. £1,350-£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 425 sales in Feniscowles (BB2 4) that took place in the last two years.

Distribution of £ per sqm for Feniscowles (BB2 4)
Distribution of £ per sqm house prices in Feniscowles

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.

That said, the spread of prices will give you a feel of the typical range to expect in Feniscowles (BB2 4). Of the 425 transactions, half were sold for between £930 and £1,980 per square metre. Notably, only 25% of properties that sold recently were valued at more than £1,980m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BB2 4' is £1,240. The table below shows how 'BB2 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BB2 1 Barn Close £960m2 £1,100m2 £1,360m2
BB2 5 Feniscowles £2,040m2 £2,310m2 £2,550m2
BB2 3 Barn Close £940m2 £1,240m2 £1,790m2
BB2 6 Pleasington £1,100m2 £1,330m2 £1,560m2
BB2 7 Mellor £2,110m2 £2,460m2 £2,770m2
BB2 2 Blackburn £970m2 £1,190m2 £1,440m2
BB2 4 Feniscowles £930m2 £1,240m2 £1,980m2

Will Feniscowles 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 4 (Feniscowles). 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 4 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Feniscowles (BB2 4) over time
House price trends for Feniscowles

Hover on any blue dot to see details of specific sales

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

Price map for Feniscowles

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Feniscowles. 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. I will explain more about the methodology and create a key next week.

Property price heatmap for Feniscowles
House price heatmap for Feniscowles

Street level data

Street Avg size Avg £/m2 Recent sales
Livesey Branch Road, Feniscowles, BB2 4Q 86m2 £1,081 33
Bolton Road, Feniscowles, BB2 4J 85m2 £946 23
Livesey Branch Road, Feniscowles, BB2 4L 77m2 £877 21
Bonsall Street, Feniscowles, BB2 4D 82m2 £780 20
Bolton Road, Feniscowles, BB2 4G 70m2 £1,153 19
Heys Lane, Feniscowles, BB2 4N 90m2 £1,337 19
Kings Road, Feniscowles, BB2 4P 73m2 £1,430 18
Kirby Road, Feniscowles, BB2 4H 79m2 £796 13

Search for your street here.

Raw data

Our analysis of Feniscowles 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
33, Tresco Close, Feniscowles, Blackburn £164,500
Sep-2023
75 2,193
1, Cravens Avenue, Feniscowles, Blackburn £168,000
Sep-2023
89 1,887
160, Heys Lane, Feniscowles, Blackburn £200,000
Sep-2023
85 2,352

See the entire list of all sales in Feniscowles (BB2 4) 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.