House prices in BB9 0 (Nelson)

This article reveals price per square foot data and various charts to help you understand current housing market in 'BB9 0' (Nelson) - statistics were last calculated on 30 August 2024.


Defining 'BB9 0'

This analysis is limited to properties whose postcode starts with "BB9 0", 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 Nelson.

You can click on the map to change 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 foot

Knowing the average house price in Nelson is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. 14, Castle Street, Nelson, sold for £60,000 on Jul-2024. Given the internal area of 957 square feet, the price per sqft is £62.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £125-£139, £139-£153, £153-£167 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 222 sales in Nelson (BB9 0) that took place in the last two years.

Distribution of £ per sqft for Nelson
Distribution of £ per sqft house prices in Nelson

Generate a custom chart like the one above but based on your own criteria.

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 Nelson (BB9 0). Of the 222 transactions, half were sold for between £81 and £169 per square foot. The median, or 'middle', price per square foot in 'BB9 0' is £117. Notably, only 25% of properties that sold recently were valued at more than £169 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Nelson

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 Nelson. 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 Nelson
House price heatmap for Nelson

Comparison with neighbouring postcode sectors

The table below shows how 'BB9 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BB9 8 Barrowford £91 sqft £129 sqft £163 sqft
BB9 0 Nelson £81 sqft £117 sqft £169 sqft
BB9 7 Nelson £67 sqft £81 sqft £96 sqft
BB9 5 Brierfield £84 sqft £111 sqft £186 sqft
BB9 9 Nelson £70 sqft £86 sqft £116 sqft
BB9 6 Barrowford £172 sqft £221 sqft £279 sqft

Will Nelson 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 BB9 0 (Nelson) compared with both the wider area BB9 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 foot in Nelson,Nelson
House price trends for Nelson

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.

Most recent BB9 0 sales
Recent trends for Nelson

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 Nelson 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 Nelson 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 £sqft Recent sales
Napier Street, Nelson, BB9 0R 850 sqft £74 21
Halifax Road, Nelson, BB9 0E 0 sqft £138 19
Kings Causeway, Nelson, BB9 0E 0 sqft £194 18
Castle Street, Nelson, BB9 0T 818 sqft £74 14
Edge End Avenue, Nelson, BB9 0P 0 sqft £169 14
Railway Street, Nelson, BB9 0J 947 sqft £91 13
Vaughan Street, Nelson, BB9 0J 914 sqft £76 13
Priory Chase, Nelson, BB9 0N 936 sqft £174 12

Search for your street here.

Raw data

Our analysis of Nelson 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 sqft £/sqft
14, Castle St, Nelson £60,000
Jul-2024
957 62
49, Castle St, Nelson £58,000
Jul-2024
785 73
40, Napier St, Nelson £53,000
Jul-2024
742 71

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