Feb 07, 2023 by HM

House prices in Brierfield (BB9 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Brierfield (BB9 0).

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Price per square metre

Knowing the average house price in Brierfield 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. 61, Temple Street, Brierfield, Nelson, sold for £82,000 on Sep-2023. Given the internal area of 98 square metres, the price per sqm is £836.

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 285 sales in Brierfield (BB9 0) 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.

That said, the spread of prices will give you a feel of the typical range to expect in Brierfield (BB9 0). Of the 285 transactions, half were sold for between £840 and £1,770 per square metre. Notably, only 25% of properties that sold recently were valued at more than £1,770m². 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 'BB9 0' is £1,190. The table below shows how 'BB9 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BB9 8 Barrowford	£1,010m2	£1,340m2	£1,690m2
BB9 6 Barrowford	£1,830m2	£2,310m2	£2,820m2
BB9 0 Brierfield	£840m2	£1,190m2	£1,770m2
BB9 7 Nelson	£760m2	£890m2	£1,040m2
BB9 9 Nelson	£740m2	£920m2	£1,220m2
BB9 5 Brierfield	£850m2	£1,150m2	£1,890m2

Will Brierfield 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 BB9 0 (Brierfield). 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 BB9 0 and the blue dots are the individual property sales that inform this trend.

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

Price map for Brierfield

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 Brierfield. 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.

House price heatmap for Brierfield

Street level data

Street	Avg size	Avg £/m2	Recent sales
Napier Street, Brierfield, BB9 0R	78m2	£776	30
Kings Causeway, Brierfield, BB9 0E	131m2	£2,097	22
Castle Street, Brierfield, BB9 0T	76m2	£795	21
Berkeley Street, Brierfield, BB9 0R	73m2	£894	21
Halifax Road, Brierfield, BB9 0E	102m2	£1,469	19
Chapel House Road, Brierfield, BB9 0Q	78m2	£837	18
Walverden Road, Brierfield, BB9 0P	89m2	£1,475	14
Pilgrim Street, Brierfield, BB9 0J	83m2	£740	13

Search for your street here.

Raw data

Our analysis of Brierfield 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
61, Temple St, Brierfield, Nelson	£82,000 Sep-2023	98	836
46, Dunderdale Avenue, Brierfield, Nelson	£225,000 Sep-2023	176	1,278
27, Meredith St, Brierfield, Nelson	£74,000 Sep-2023	78	948

See the entire list of all sales in Brierfield (BB9 0) here.