# House prices in BB2 7 (Mellor)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BB2 7' (Mellor, Blackburn) - statistics were last calculated on 31 July 2024.

## Defining 'BB2 7'

This analysis is limited to properties whose postcode starts with "BB2 7", 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 Mellor.

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 Mellor 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, Feildens Farm Lane, Mellor, Blackburn, sold for £91,000 on May-2024. Given the internal area of 78 square metres, the price per sqm is £1,166.

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 158 sales in Mellor (BB2 7) that took place in the last two years.

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

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 Mellor (BB2 7). Of the 158 transactions, half were sold for between £2,290 and £2,950 per square metre. The median, or 'middle', price per square metre in 'BB2 7' is £2,540. Notably, only 25% of properties that sold recently were valued at more than £2,950 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 Mellor, 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 Mellor, Blackburn

## Comparison with neighbouring postcode sectors

The table below shows how 'BB2 7' 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 7 (Mellor) 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 Mellor,Blackburn
House price trends for Mellor

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 7 sales
Recent trends for Mellor

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
Quebec Road, Mellor, BB2 7D 84 sqm £2,297 28
Branch Road, Mellor, BB2 7N 126 sqm £2,604 18
Mellor Brow, Mellor, BB2 7E 129 sqm £2,546 16
Columbia Way, Mellor, BB2 7D 89 sqm £2,397 12
Barker Lane, Mellor, BB2 7E 131 sqm £2,193 12
Woodfold Park, Mellor, BB2 7Q 147 sqm £2,815 12
Beardwood Brow, Mellor, BB2 7A 150 sqm £2,247 10
Calgary Avenue, Mellor, BB2 7D 79 sqm £2,153 9

## New build activity

Street Avg size Avg £sqm New build sales
Entwistle Drive, Mellor, BB2 7G 120 sqm £2,501 14

Entwistle Drive, Mellor, BB2 7G has seen 14 new build sales in the last 4 years (average price £307,216). These new build homes typically have an internal area of 120 sqm, with an average price of £2,501 sqm. This £sqm average is £-39 below the average for BB2 7. New builds typically command a £ per sqm premium. In the case of Entwistle Drive 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 Mellor 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.