House prices in BB5 6 (Accrington)

This article reveals price per square metre data and various charts to help you understand current housing market in Accrington (BB5 6).


Defining 'BB5 6'

This analysis is limited to properties whose postcode starts with "BB5 6", 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 Accrington.

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 Accrington 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. 45, Sultan Street, Accrington, sold for £63,000 on Feb-2024. Given the internal area of 72 square metres, the price per sqm is £875.

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 294 sales in Accrington (BB5 6) that took place in the last two years.

Distribution of £ per sqm for Accrington
Distribution of £ per sqm house prices in Accrington

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 Accrington (BB5 6). Of the 294 transactions, half were sold for between £960 and £1,700 per square metre. The median, or 'middle', price per square metre in 'BB5 6' is £1,190. Notably, only 25% of properties that sold recently were valued at more than £1,700 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 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.

Property price heatmap for Accrington
House price heatmap for Accrington

Comparison with neighbouring postcode sectors

The table below shows how 'BB5 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BB5 0 Accrington £780 sqm £960 sqm £1,420 sqm
BB5 2 Accrington £1,160 sqm £1,650 sqm £2,360 sqm
BB5 5 Clayton Le Moors £1,040 sqm £1,420 sqm £2,060 sqm
BB5 1 Accrington £700 sqm £940 sqm £1,110 sqm
BB5 3 Oswaldtwistle £1,060 sqm £1,390 sqm £1,900 sqm
BB5 4 Oswaldtwistle £990 sqm £1,300 sqm £2,000 sqm
BB5 6 Accrington £960 sqm £1,190 sqm £1,700 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 6 (Accrington) 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.

Historic price per square metre in Accrington,Accrington
House price trends for Accrington

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 BB5 6 sales
Recent trends for Accrington

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
Bold Street, Accrington, BB5 6S 87 sqm £1,056 28
Lodge Street, Accrington, BB5 6E 78 sqm £903 25
Water Street, Accrington, BB5 6Q 76 sqm £924 25
Avenue Parade, Accrington, BB5 6Q 91 sqm £1,004 23
Oswald Street, Accrington, BB5 6S 81 sqm £807 22
Sultan Street, Accrington, BB5 6E 80 sqm £880 20
Burnley Road, Accrington, BB5 6D 99 sqm £930 20
Bluebell Way, Accrington, BB5 6T 115 sqm £2,033 20

Search for your street here.

Raw data

Our analysis of Accrington 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
45, Sultan St, Accrington £63,000
Feb-2024
72 875
69, Lodge St, Accrington £78,000
Feb-2024
72 1,083
22, Sultan St, Accrington £61,000
Feb-2024
71 859

See the entire list of all sales in Accrington (BB5 6) 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.