# House prices in BB7 2 (Clitheroe)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BB7 2' (Clitheroe) - statistics were last calculated on 31 July 2024.

## Defining 'BB7 2'

This analysis is limited to properties whose postcode starts with "BB7 2", 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 Clitheroe.

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 Clitheroe 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. 48, Kenilworth Drive, Clitheroe, sold for £250,000 on Jun-2024. Given the internal area of 60 square metres, the price per sqm is £4,166.

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. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 206 sales in Clitheroe (BB7 2) that took place in the last two years.

##### Distribution of £ per sqm for Clitheroe
Distribution of £ per sqm house prices in Clitheroe

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 Clitheroe (BB7 2). Of the 206 transactions, half were sold for between £2,120 and £2,930 per square metre. The median, or 'middle', price per square metre in 'BB7 2' is £2,420. Notably, only 25% of properties that sold recently were valued at more than £2,930 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 Clitheroe

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 Clitheroe. 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 Clitheroe

## Comparison with neighbouring postcode sectors

The table below shows how 'BB7 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BB7 9 Whalley £2,310 sqm £2,920 sqm £3,510 sqm
BB7 2 Clitheroe £2,120 sqm £2,420 sqm £2,930 sqm
BB7 4 Chatburn £2,360 sqm £2,880 sqm £3,370 sqm
BB7 1 Clitheroe £1,830 sqm £2,160 sqm £2,790 sqm
BB7 3 Waddington £2,690 sqm £3,260 sqm £3,810 sqm

## Will Clitheroe 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 BB7 2 (Clitheroe) compared with both the wider area BB7 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 Clitheroe,Clitheroe
House price trends for Clitheroe

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 BB7 2 sales
Recent trends for Clitheroe

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 Clitheroe 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 Clitheroe 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
Well Terrace, Clitheroe, BB7 2A 50 sqm £2,423 21
Chatburn Road, Clitheroe, BB7 2A 103 sqm £1,936 19
Lune Road, Clitheroe, BB7 2F 99 sqm £2,510 19
Pimlico Road, Clitheroe, BB7 2A 113 sqm £1,920 17
Henthorn Road, Clitheroe, BB7 2L 89 sqm £1,805 15
St Marys Street, Clitheroe, BB7 2H 89 sqm £2,104 11
Kemple View, Clitheroe, BB7 2Q 82 sqm £2,448 11

## New build activity

Street Avg size Avg £sqm New build sales
Greenfield Avenue, Clitheroe, BB7 2L 84 sqm £2,678 9

Greenfield Avenue, Clitheroe, BB7 2L has seen 9 new build sales in the last 4 years (average price £231,454). These new build homes typically have an internal area of 84 sqm, with an average price of £2,678 sqm. This £sqm average is £258 above the average for BB7 2. New builds typically command a £ per sqm premium so this is normal.

## Raw data

Our analysis of Clitheroe 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.