House prices in BB5 3 (Oswaldtwistle)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BB5 3' (Oswaldtwistle, Accrington) - statistics were last calculated on 30 June 2024.

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Defining 'BB5 3'

This analysis is limited to properties whose postcode starts with "BB5 3", 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 Oswaldtwistle.

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.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Oswaldtwistle 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. 14, Duke Street, Oswaldtwistle, Accrington, sold for £115,000 on Apr-2024. Given the internal area of 91 square metres, the price per sqm is £1,263.

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 210 sales in Oswaldtwistle (BB5 3) that took place in the last two years.

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 Oswaldtwistle (BB5 3). Of the 210 transactions, half were sold for between £1,060 and £1,810 per square metre. The median, or 'middle', price per square metre in 'BB5 3' is £1,350. Notably, only 25% of properties that sold recently were valued at more than £1,810 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 Oswaldtwistle, Accrington

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 Accrington. 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 Oswaldtwistle, Accrington

Comparison with neighbouring postcode sectors

The table below shows how 'BB5 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BB5 4 Oswaldtwistle	£990 sqm	£1,300 sqm	£1,950 sqm
BB5 6 Accrington	£980 sqm	£1,200 sqm	£1,760 sqm
BB5 0 Accrington	£760 sqm	£960 sqm	£1,310 sqm
BB5 1 Accrington	£700 sqm	£930 sqm	£1,070 sqm
BB5 3 Oswaldtwistle	£1,060 sqm	£1,350 sqm	£1,810 sqm
BB5 2 Accrington	£1,220 sqm	£1,830 sqm	£2,460 sqm
BB5 5 Clayton Le Moors	£1,050 sqm	£1,440 sqm	£2,120 sqm

Will Accrington 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 BB5 3 (Oswaldtwistle) compared with both the wider area BB5 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

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.

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 Accrington 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 Accrington 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
Roe Greave Road, Oswaldtwistle, BB5 3Q	85 sqm	£1,188	41
Stanley Street, Oswaldtwistle, BB5 3P	92 sqm	£963	20
New Lane, Oswaldtwistle, BB5 3P	93 sqm	£1,167	19
Trinity Street, Oswaldtwistle, BB5 3Q	84 sqm	£957	16
Catlow Hall Street, Oswaldtwistle, BB5 3E	99 sqm	£1,019	16
Rhyddings Street, Oswaldtwistle, BB5 3E	105 sqm	£1,257	15
New Lane, Oswaldtwistle, BB5 3Q	91 sqm	£1,639	14
High Street, Oswaldtwistle, BB5 3B	83 sqm	£1,382	12

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
Brear Vale, Oswaldtwistle, BB5 3R	106 sqm	£2,118	16

Brear Vale, Oswaldtwistle, BB5 3R has seen 16 new build sales in the last 4 years (average price £319,523). These new build homes typically have an internal area of 106 sqm, with an average price of £2,118 sqm. This £sqm average is £768 above the average for BB5 3. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Oswaldtwistle 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
14, Duke St, Oswaldtwistle, Accrington	£115,000 Apr-2024	91	1,263
8, Cross Edge, Oswaldtwistle, Accrington	£218,000 Apr-2024	120	1,816
16, Stanley St, Oswaldtwistle, Accrington	£107,000 Apr-2024	96	1,114

See the entire list of all sales in Oswaldtwistle (BB5 3) here.