# House prices in BB9 5 (Brierfield)

This article reveals price per square metre data and various charts to help you understand current housing market in Brierfield, Nelson (BB9 5).

## Defining 'BB9 5'

This analysis is limited to properties whose postcode starts with "BB9 5", 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 Brierfield.

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 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. 14, Landless Street, Brierfield, Nelson, sold for £80,000 on Mar-2024. Given the internal area of 83 square metres, the price per sqm is £963.

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. £1,350-£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 154 sales in Brierfield (BB9 5) that took place in the last two years.

##### Distribution of £ per sqm for Brierfield, Nelson
Distribution of £ per sqm house prices in Brierfield

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 Brierfield (BB9 5). Of the 154 transactions, half were sold for between £850 and £1,830 per square metre. The median, or 'middle', price per square metre in 'BB9 5' is £1,140. Notably, only 25% of properties that sold recently were valued at more than £1,830 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 Brierfield, 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.

House price heatmap for Brierfield, Nelson

## Comparison with neighbouring postcode sectors

The table below shows how 'BB9 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BB9 7 Nelson £780 sqm £910 sqm £1,050 sqm
BB9 9 Nelson £740 sqm £930 sqm £1,220 sqm
BB9 0 Nelson £850 sqm £1,210 sqm £1,780 sqm
BB9 8 Barrowford £1,000 sqm £1,350 sqm £1,700 sqm
BB9 6 Barrowford £1,670 sqm £2,270 sqm £2,980 sqm
BB9 5 Brierfield £850 sqm £1,140 sqm £1,830 sqm

## 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 5 (Brierfield) 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 metre in Brierfield,Nelson
House price trends for Brierfield

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 5 sales
Recent trends for Brierfield

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 £sqm Recent sales
Halifax Road, Brierfield, BB9 5B 85 sqm £1,247 26
Higher Reedley Road, Brierfield, BB9 5E 84 sqm £1,814 17
Montrose Street, Brierfield, BB9 5B 63 sqm £1,316 12
Chapel Street, Brierfield, BB9 5D 69 sqm £1,060 10
Colne Road, Brierfield, BB9 5R 105 sqm £671 10
Taylor Street, Brierfield, BB9 5R 82 sqm £840 9
Quakers View, Brierfield, BB9 5P 81 sqm £1,940 9
Pennine Crescent, Brierfield, BB9 5E 77 sqm £2,141 8

## 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.