Feb 07, 2023 by HM

House prices in Oswaldtwistle (BB5 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Oswaldtwistle (BB5 4).

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. 65, Lion Street, Oswaldtwistle, Accrington, sold for £72,000 on Sep-2023. Given the internal area of 86 square metres, the price per sqm is £837.

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. £1,350-£1,500, £1,500-£1,650, £1,650-£1,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 280 sales in Oswaldtwistle (BB5 4) that took place in the last two years.

Distribution of £ per sqm for Oswaldtwistle (BB5 4)
Distribution of £ per sqm house prices in Oswaldtwistle

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.

That said, the spread of prices will give you a feel of the typical range to expect in Oswaldtwistle (BB5 4). Of the 280 transactions, half were sold for between £990 and £2,010 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,010m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BB5 4' is £1,300. The table below shows how 'BB5 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BB5 0 Oswaldtwistle £780m2 £940m2 £1,340m2
BB5 1 Accrington £730m2 £930m2 £1,080m2
BB5 3 Oswaldtwistle £1,080m2 £1,390m2 £1,940m2
BB5 5 Clayton Le Moors £1,020m2 £1,410m2 £2,070m2
BB5 6 Huncoat £970m2 £1,210m2 £1,750m2
BB5 2 Rising Bridge £1,130m2 £1,620m2 £2,330m2
BB5 4 Oswaldtwistle £990m2 £1,300m2 £2,010m2

Will Oswaldtwistle 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 BB5 4 (Oswaldtwistle). 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 BB5 4 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Oswaldtwistle (BB5 4) over time
House price trends for Oswaldtwistle

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Oswaldtwistle 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 Oswaldtwistle data or any other data I am given.

Price map for Oswaldtwistle

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Oswaldtwistle. 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. I will explain more about the methodology and create a key next week.

Property price heatmap for Oswaldtwistle
House price heatmap for Oswaldtwistle

Street level data

Street Avg size Avg £/m2 Recent sales
Dill Hall Lane, Oswaldtwistle, BB5 4D 96m2 £1,185 45
Westwood Street, Oswaldtwistle, BB5 4B 92m2 £906 23
Barnes Street, Oswaldtwistle, BB5 4J 81m2 £774 20
Blackburn Road, Oswaldtwistle, BB5 4N 105m2 £1,332 18
Lion Street, Oswaldtwistle, BB5 4J 83m2 £732 17
Blackburn Road, Oswaldtwistle, BB5 4L 94m2 £1,208 16
Stanhill Lane, Oswaldtwistle, BB5 4Q 102m2 £1,299 14
Norman Road, Oswaldtwistle, BB5 4N 99m2 £1,605 12

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Thwaites Road, Oswaldtwistle, BB5 4Q 89m2 £1,735 21
Millbank Place, Oswaldtwistle, BB5 4B 71m2 £1,992 27
Brookfield Grove, Oswaldtwistle, BB5 4B 91m2 £2,091 11
Cobble Close, Oswaldtwistle, BB5 4R 125m2 £1,676 10

Thwaites Road, Oswaldtwistle, BB5 4Q has seen 21 new build sales in the last 4 years (average price £153,813). These new build homes typically have an internal area of 89 m2, with an average price of £1,735 m2. This £sqm average is £435 above the average for BB5 4. 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 m2 £/m2
65, Lion St, Oswaldtwistle, Accrington £72,000
86 837
29, Dill Hall Lane, Oswaldtwistle, Accrington £93,000
87 1,068
29, Millbank Pl, Oswaldtwistle, Accrington £145,000
62 2,338

See the entire list of all sales in Oswaldtwistle (BB5 4) here.


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.