House prices in BB3 0 (Lower Darwen)

This article reveals price per square metre data and various charts to help you understand current housing market in Lower Darwen, Darwen (BB3 0).


Defining 'BB3 0'

This analysis is limited to properties whose postcode starts with "BB3 0", 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 Lower Darwen.

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 Lower Darwen 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, Summerton Walk, Lower Darwen, Darwen, sold for £65,000 on Mar-2024. Given the internal area of 63 square metres, the price per sqm is £1,031.

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. £1,900-£2,000, £2,000-£2,100, £2,100-£2,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 246 sales in Lower Darwen (BB3 0) that took place in the last two years.

Distribution of £ per sqm for Lower Darwen, Darwen
Distribution of £ per sqm house prices in Lower Darwen

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 Lower Darwen (BB3 0). Of the 246 transactions, half were sold for between £1,230 and £2,360 per square metre. The median, or 'middle', price per square metre in 'BB3 0' is £1,640. Notably, only 25% of properties that sold recently were valued at more than £2,360 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 Lower Darwen, Darwen

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 Darwen. 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 Lower Darwen
House price heatmap for Lower Darwen, Darwen

Comparison with neighbouring postcode sectors

The table below shows how 'BB3 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BB3 2 Darwen £1,100 sqm £1,510 sqm £2,090 sqm
BB3 3 Darwen £1,020 sqm £1,460 sqm £2,200 sqm
BB3 0 Lower Darwen £1,230 sqm £1,640 sqm £2,360 sqm
BB3 1 Darwen £960 sqm £1,300 sqm £1,770 sqm

Will Darwen 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 BB3 0 (Lower Darwen) compared with both the wider area BB3 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 Lower Darwen,Darwen
House price trends for Lower Darwen

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 BB3 0 sales
Recent trends for Lower Darwen

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 Darwen 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 Darwen 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
Blackburn Road, Lower Darwen, BB3 0A 92 sqm £1,007 32
Sandy Lane, Lower Darwen, BB3 0P 96 sqm £1,558 23
Olive Lane, Lower Darwen, BB3 0E 75 sqm £937 20
Lynwood Avenue, Lower Darwen, BB3 0J 87 sqm £1,134 17
Delphinium Way, Lower Darwen, BB3 0S 79 sqm £2,255 16
Aintree Drive, Lower Darwen, BB3 0Q 74 sqm £2,334 16
St Albans Road, Lower Darwen, BB3 0H 105 sqm £1,088 14
Stopes Brow, Lower Darwen, BB3 0Q 84 sqm £1,268 13

Search for your street here.

Raw data

Our analysis of Lower Darwen 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
6, Summerton Walk, Lower Darwen, Darwen £65,000
Mar-2024
63 1,031
50, Higher Croft Rd, Lower Darwen, Darwen £135,000
Jan-2024
70 1,928
4, Marsh Terrace, Lower Darwen, Darwen £95,000
Jan-2024
121 785

See the entire list of all sales in Lower Darwen (BB3 0) 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.