Feb 07, 2023 by HM

# House prices in Ramsbottom (BL0 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Ramsbottom (BL0 0).

## Defining 'BL0 0'

This analysis is limited to properties whose postcode starts with "BL0 0", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

## Price per square metre

Knowing the average house price in Ramsbottom 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. 102, Bury Road, Ramsbottom, sold for £192,500 on Feb-2024. Given the internal area of 60 square metres, the price per sqm is £3,208.

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. £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 154 sales in Ramsbottom (BL0 0) that took place in the last two years.

##### Distribution of £ per sqm for Ramsbottom (BL0 0)
Distribution of £ per sqm house prices in Ramsbottom

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 Ramsbottom (BL0 0). Of the 154 transactions, half were sold for between £2,040 and £2,870 per square metre. The median, or 'middle', price per square metre in 'BL0 0' is £2,380. Notably, only 25% of properties that sold recently were valued at more than £2,870m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Ramsbottom

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 Ramsbottom. 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 Ramsbottom

## Comparison with neighbouring postcode sectors

The table below shows how 'BL0 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BL0 9 Ramsbottom £2,380m2 £2,920m2 £3,490m2
BL0 0 Ramsbottom £2,040m2 £2,380m2 £2,870m2

## Will Ramsbottom 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 BL0 0 (Ramsbottom). 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 BL0 0 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Ramsbottom (BL0 0) over time
House price trends for Ramsbottom

Hover on any blue dot to see details of specific sales

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

## Street level data

Street Avg size Avg £/m2 Recent sales
Market Street, Ramsbottom, BL0 0J 96m2 £2,202 32
Peel Brow, Ramsbottom, BL0 0A 86m2 £2,238 28
Bury Road, Ramsbottom, BL0 0E 89m2 £2,200 24
Whalley Road, Ramsbottom, BL0 0D 104m2 £2,268 21
Dale Street, Ramsbottom, BL0 0N 73m2 £2,212 15
Stubbins Lane, Ramsbottom, BL0 0P 73m2 £2,267 13
Whalley Road, Ramsbottom, BL0 0E 103m2 £2,605 13
Chatterton Road, Ramsbottom, BL0 0P 90m2 £2,499 11

Search for your street here.

## Raw data

Our analysis of Ramsbottom 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
102, Bury Rd, Ramsbottom £192,500
Feb-2024
60 3,208
106, Peel Brow, Ramsbottom £150,000
Feb-2024
83 1,807
128, Market St, Ramsbottom £225,000
Jan-2024
73 3,082