# House prices in BB2 5 (Blackburn)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BB2 5' (Blackburn) - statistics were last calculated on 31 July 2024.

## Defining 'BB2 5'

This analysis is limited to properties whose postcode starts with "BB2 5", 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 Blackburn.

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.

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

## Price per square metre

Knowing the average house price in Blackburn 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, Hollies Close, Blackburn, sold for £159,500 on Jun-2024. Given the internal area of 98 square metres, the price per sqm is £1,627.

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. £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 157 sales in Blackburn (BB2 5) that took place in the last two years.

##### Distribution of £ per sqm for Blackburn
Distribution of £ per sqm house prices in Blackburn

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 Blackburn (BB2 5). Of the 157 transactions, half were sold for between £1,920 and £2,650 per square metre. The median, or 'middle', price per square metre in 'BB2 5' is £2,350. Notably, only 25% of properties that sold recently were valued at more than £2,650 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 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.

House price heatmap for Blackburn

## Comparison with neighbouring postcode sectors

The table below shows how 'BB2 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BB2 4 Blackburn £930 sqm £1,290 sqm £2,040 sqm
BB2 6 Blackburn £1,070 sqm £1,340 sqm £1,620 sqm
BB2 3 Blackburn £1,010 sqm £1,470 sqm £1,920 sqm
BB2 7 Mellor £2,290 sqm £2,540 sqm £2,950 sqm
BB2 5 Blackburn £1,920 sqm £2,350 sqm £2,650 sqm
BB2 1 Blackburn £990 sqm £1,150 sqm £1,360 sqm
BB2 2 Blackburn £1,010 sqm £1,200 sqm £1,470 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 BB2 5 (Blackburn) compared with both the wider area BB2 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 Blackburn,Blackburn
House price trends for Blackburn

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 BB2 5 sales
Recent trends for Blackburn

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
Preston Old Road, Blackburn, BB2 5L 82 sqm £1,754 33
St Michaels Close, Blackburn, BB2 5D 66 sqm £2,452 17
Livesey Branch Road, Blackburn, BB2 5D 94 sqm £2,165 16
Kentmere Drive, Blackburn, BB2 5H 88 sqm £2,140 13
The Crescent, Blackburn, BB2 5N 102 sqm £2,409 13
Woodlands Avenue, Blackburn, BB2 5N 78 sqm £2,333 13
Old Gates Drive, Blackburn, BB2 5B 103 sqm £2,296 12
Preston Old Road, Blackburn, BB2 5N 121 sqm £2,033 12

## New build activity

Street Avg size Avg £sqm New build sales
Harriets Heights, Blackburn, BB2 5F 117 sqm £2,295 13
Orchard Gardens, Blackburn, BB2 5F 120 sqm £2,263 15
The Fallows, Blackburn, BB2 5F 108 sqm £2,441 12

Harriets Heights, Blackburn, BB2 5F has seen 13 new build sales in the last 4 years (average price £272,479). These new build homes typically have an internal area of 117 sqm, with an average price of £2,295 sqm. This £sqm average is £-55 below the average for BB2 5. New builds typically command a £ per sqm premium. In the case of Harriets Heights the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

## Raw data

Our analysis of Blackburn 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.