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 30 June 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. 37, Hillcrest Road, Blackburn, sold for £85,000 on May-2024. Given the internal area of 96 square metres, the price per sqm is £885.

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 161 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 161 transactions, half were sold for between £2,040 and £2,660 per square metre. The median, or 'middle', price per square metre in 'BB2 5' is £2,380. Notably, only 25% of properties that sold recently were valued at more than £2,660 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.

Property price heatmap for Blackburn
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 3 Blackburn £990 sqm £1,440 sqm £1,940 sqm
BB2 7 Mellor £2,290 sqm £2,540 sqm £2,940 sqm
BB2 1 Blackburn £1,020 sqm £1,150 sqm £1,360 sqm
BB2 2 Blackburn £1,010 sqm £1,210 sqm £1,480 sqm
BB2 5 Blackburn £2,040 sqm £2,380 sqm £2,660 sqm
BB2 4 Blackburn £930 sqm £1,280 sqm £2,020 sqm
BB2 6 Blackburn £1,080 sqm £1,340 sqm £1,630 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

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.

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 £1,775 32
St Michaels Close, Blackburn, BB2 5D 66 sqm £2,495 16
Livesey Branch Road, Blackburn, BB2 5D 94 sqm £2,153 15
Woodlands Avenue, Blackburn, BB2 5N 78 sqm £2,353 14
Kentmere Drive, Blackburn, BB2 5H 88 sqm £2,140 13
The Crescent, Blackburn, BB2 5N 102 sqm £2,409 13
Old Gates Drive, Blackburn, BB2 5B 103 sqm £2,296 12
Preston Old Road, Blackburn, BB2 5N 120 sqm £1,956 12

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Harriets Heights, Blackburn, BB2 5F 117 sqm £2,290 14
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 14 new build sales in the last 4 years (average price £274,563). These new build homes typically have an internal area of 117 sqm, with an average price of £2,290 sqm. This £sqm average is £-90 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.

Address Paid sqm £/sqm
37, Hillcrest Rd, Blackburn £85,000
May-2024
96 885
25, Harriets Heights, Blackburn £220,000
Apr-2024
85 2,588
15, Witney Avenue, Blackburn £70,000
Mar-2024
46 1,521

See the entire list of all sales in Blackburn (BB2 5) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.