Feb 07, 2023 by HM

House prices in Bolton (BL1 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Bolton (BL1 3).

Defining 'BL1 3'

This analysis is limited to properties whose postcode starts with "BL1 3", 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 Bolton 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. 87, Oxford Grove, Bolton, sold for £108,000 on Feb-2024. Given the internal area of 103 square metres, the price per sqm is £1,048.

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. £1,900-£2,000, £2,000-£2,100, £2,100-£2,200 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 Bolton (BL1 3) that took place in the last two years.

Distribution of £ per sqm for Bolton (BL1 3)
Distribution of £ per sqm house prices in Bolton

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 Bolton (BL1 3). Of the 223 transactions, half were sold for between £1,340 and £1,850 per square metre. The median, or 'middle', price per square metre in 'BL1 3' is £1,550. Notably, only 25% of properties that sold recently were valued at more than £1,850m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Bolton

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 Bolton. 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 Bolton

Comparison with neighbouring postcode sectors

The table below shows how 'BL1 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BL1 1 Bolton £700m2 £1,080m2 £1,380m2
BL1 4 Bolton £1,330m2 £1,610m2 £1,860m2
BL1 8 Bolton £1,490m2 £1,870m2 £2,600m2
BL1 2 Bolton £1,200m2 £1,690m2 £2,210m2
BL1 3 Bolton £1,340m2 £1,550m2 £1,850m2
BL1 5 Heaton £1,870m2 £2,440m2 £3,100m2
BL1 7 Bolton £1,900m2 £2,580m2 £3,130m2
BL1 6 Bolton £1,730m2 £2,110m2 £2,550m2

Will Bolton 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 BL1 3 (Bolton). 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 BL1 3 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Bolton (BL1 3) over time
House price trends for Bolton

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
Hatfield Road, Bolton, BL1 3B 63m2 £1,439 24
Arnold Street, Bolton, BL1 3E 73m2 £1,504 17
Hughes Street, Bolton, BL1 3H 79m2 £1,348 14
Adrian Road, Bolton, BL1 3L 90m2 £1,745 13
Windsor Grove, Bolton, BL1 3B 63m2 £1,256 13
Cloister Street, Bolton, BL1 3J 69m2 £1,581 13
Beatrice Road, Bolton, BL1 3B 63m2 £1,072 13
Lawn Street, Bolton, BL1 3B 64m2 £1,320 12

Search for your street here.

Raw data

Our analysis of Bolton 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
87, Oxford Grove, Bolton £108,000
Feb-2024
103 1,048
16, Adrian Rd, Bolton £143,000
Feb-2024
73 1,958
12, Cloister St, Bolton £115,000
Jan-2024
65 1,769