House prices in BB9 8 (Barrowford)

This article reveals price per square metre data and various charts to help you understand current housing market in Barrowford, Nelson (BB9 8).


Defining 'BB9 8'

This analysis is limited to properties whose postcode starts with "BB9 8", 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 Barrowford.

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 Barrowford 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. 80, Walton Lane, Barrowford, Nelson, sold for £100,000 on Apr-2024. Given the internal area of 110 square metres, the price per sqm is £909.

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. £1,800-£2,000, £2,000-£2,200, £2,200-£2,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 223 sales in Barrowford (BB9 8) that took place in the last two years.

Distribution of £ per sqm for Barrowford, Nelson
Distribution of £ per sqm house prices in Barrowford

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 Barrowford (BB9 8). Of the 223 transactions, half were sold for between £1,000 and £1,710 per square metre. The median, or 'middle', price per square metre in 'BB9 8' is £1,340. Notably, only 25% of properties that sold recently were valued at more than £1,710 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 Barrowford, 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 Barrowford
House price heatmap for Barrowford, Nelson

Comparison with neighbouring postcode sectors

The table below shows how 'BB9 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BB9 8 Barrowford £1,000 sqm £1,340 sqm £1,710 sqm
BB9 0 Nelson £860 sqm £1,190 sqm £1,800 sqm
BB9 7 Nelson £760 sqm £910 sqm £1,040 sqm
BB9 9 Nelson £750 sqm £930 sqm £1,230 sqm
BB9 6 Barrowford £1,660 sqm £2,290 sqm £2,990 sqm
BB9 5 Brierfield £850 sqm £1,140 sqm £1,850 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 8 (Barrowford) 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 Barrowford,Nelson
House price trends for Barrowford

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 8 sales
Recent trends for Barrowford

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
Brentwood Road, Barrowford, BB9 8A 78 sqm £1,008 20
Holmefield Gardens, Barrowford, BB9 8N 132 sqm £1,741 19
Berriedale Road, Barrowford, BB9 8A 76 sqm £868 18
Leeds Road, Barrowford, BB9 8E 97 sqm £917 18
Nora Street, Barrowford, BB9 8N 79 sqm £1,499 17
Reedyford Road, Barrowford, BB9 8L 75 sqm £974 16
Sheridan Street, Barrowford, BB9 8J 70 sqm £1,148 13
Walton Lane, Barrowford, BB9 8B 104 sqm £2,068 12

Search for your street here.

Raw data

Our analysis of Barrowford 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
80, Walton Lane, Barrowford, Nelson £100,000
Apr-2024
110 909
36, Lee St, Barrowford, Nelson £200,000
Apr-2024
73 2,739
8, May St, Barrowford, Nelson £88,000
Mar-2024
66 1,333

See the entire list of all sales in Barrowford (BB9 8) 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.