Feb 07, 2023 by HM

House prices in Feniscowles (BB2 5)

This article reveals price per square metre data and various charts to help you understand current housing market in Feniscowles (BB2 5).


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. You can click on the map labels to change to a neighbouring sector.

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. 6, Harebell Close, Feniscowles, Blackburn, sold for £188,000 on Feb-2024. Given the internal area of 70 square metres, the price per sqm is £2,685.

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. £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 182 sales in Feniscowles (BB2 5) that took place in the last two years.

Distribution of £ per sqm for Feniscowles (BB2 5)
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.

The spread of prices will give you a feel of the typical range to expect in Feniscowles (BB2 5). Of the 182 transactions, half were sold for between £2,060 and £2,640 per square metre. The median, or 'middle', price per square metre in 'BB2 5' is £2,340. Notably, only 25% of properties that sold recently were valued at more than £2,640m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Feniscowles

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 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.

Property price heatmap for Feniscowles
House price heatmap for Feniscowles

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 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 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 5 (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 5 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Feniscowles (BB2 5) 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.

Street level data

Street Avg size Avg £/m2 Recent sales
Preston Old Road, Feniscowles, BB2 5L 82m2 £1,790 32
Livesey Branch Road, Feniscowles, BB2 5D 95m2 £2,119 15
The Crescent, Feniscowles, BB2 5N 102m2 £2,400 14
Old Gates Drive, Feniscowles, BB2 5B 103m2 £2,313 13
St Michaels Close, Feniscowles, BB2 5D 66m2 £2,357 13
Kentmere Drive, Feniscowles, BB2 5H 88m2 £2,140 13
Beechwood Drive, Feniscowles, BB2 5A 72m2 £2,399 13
Woodlands Avenue, Feniscowles, BB2 5N 78m2 £2,326 13

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Harriets Heights, Feniscowles, BB2 5F 120m2 £2,260 15
Orchard Gardens, Feniscowles, BB2 5F 120m2 £2,263 15
The Fallows, Feniscowles, BB2 5F 108m2 £2,441 12
Bluebell Way, Feniscowles, BB2 5F 138m2 £2,285 10

Harriets Heights, Feniscowles, BB2 5F has seen 15 new build sales in the last 4 years (average price £282,335). These new build homes typically have an internal area of 120 m2, with an average price of £2,260 m2. This £sqm average is £-80 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 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
6, Harebell Close, Feniscowles, Blackburn £188,000
Feb-2024
70 2,685
21, Rannoch Drive, Feniscowles, Blackburn £215,000
Jan-2024
95 2,263
369a, Preston Old Rd, Feniscowles, Blackburn £195,000
Jan-2024
144 1,354

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