House prices in BB3 0 (Lower Darwen)

This article reveals price per square foot data and various charts to help you understand current housing market in 'BB3 0' (Lower Darwen, Darwen) - statistics were last calculated on 30 August 2024.


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 to change 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 foot

Knowing the average house price in Lower Darwen is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. 491, Blackburn Road, Lower Darwen, Darwen, sold for £75,000 on Jul-2024. Given the internal area of 850 square feet, the price per sqft is £88.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £176-£185, £185-£195, £195-£204 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 184 sales in Lower Darwen (BB3 0) that took place in the last two years.

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

Generate a custom chart like the one above but based on your own criteria.

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 184 transactions, half were sold for between £119 and £219 per square foot. The median, or 'middle', price per square foot in 'BB3 0' is £152. Notably, only 25% of properties that sold recently were valued at more than £219 sqft. 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 0 Lower Darwen £119 sqft £152 sqft £219 sqft
BB3 1 Darwen £94 sqft £130 sqft £174 sqft
BB3 2 Darwen £109 sqft £144 sqft £194 sqft
BB3 3 Darwen £107 sqft £152 sqft £222 sqft

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 foot in Lower Darwen,Darwen
House price trends for Lower Darwen

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 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 £sqft Recent sales
Blackburn Road, Lower Darwen, BB3 0A 0 sqft £96 18
Sandy Lane, Lower Darwen, BB3 0P 0 sqft £157 17
Olive Lane, Lower Darwen, BB3 0E 818 sqft £91 15
Delphinium Way, Lower Darwen, BB3 0S 850 sqft £211 14
Lynwood Avenue, Lower Darwen, BB3 0J 947 sqft £105 14
Aintree Drive, Lower Darwen, BB3 0Q 796 sqft £223 14
Milking Lane, Lower Darwen, BB3 0R 0 sqft £191 13
Birch Hall Avenue, Lower Darwen, BB3 0J 818 sqft £135 12

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 sqft £/sqft
491, Blackburn Rd, Lower Darwen, Darwen £75,000
Jul-2024
850 88
41, Newton St, Lower Darwen, Darwen £74,000
Jul-2024
990 74
2, Robin Bank Rd, Lower Darwen, Darwen £75,000
Jul-2024
710 105

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.