House prices in BL1 5 (Bolton)

This article reveals price per square foot data and various charts to help you understand current housing market in 'BL1 5' (Bolton) - statistics were last calculated on 30 August 2024.

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Defining 'BL1 5'

This analysis is limited to properties whose postcode starts with "BL1 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 Bolton.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square foot

Knowing the average house price in Bolton 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. 26, Nuffield Close, Bolton, sold for £280,000 on Jul-2024. Given the internal area of 1,517 square feet, the price per sqft is £184.

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. £218-£232, £232-£246, £246-£260 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 235 sales in Bolton (BL1 5) that took place in the last two years.

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 Bolton (BL1 5). Of the 235 transactions, half were sold for between £196 and £297 per square foot. The median, or 'middle', price per square foot in 'BL1 5' is £245. Notably, only 25% of properties that sold recently were valued at more than £297 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 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 5' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BL1 1 Bolton	£62 sqft	£68 sqft	£90 sqft
BL1 3 Bolton	£132 sqft	£159 sqft	£181 sqft
BL1 4 Bolton	£130 sqft	£159 sqft	£188 sqft
BL1 8 Bolton	£143 sqft	£185 sqft	£250 sqft
BL1 7 Bolton	£181 sqft	£239 sqft	£284 sqft
BL1 6 Bolton	£163 sqft	£203 sqft	£243 sqft
BL1 2 Bolton	£118 sqft	£149 sqft	£205 sqft
BL1 5 Bolton	£196 sqft	£245 sqft	£297 sqft

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 chart below for BL1 5 (Bolton) compared with both the wider area BL1 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

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.

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 Bolton 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 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.

Street level data

Street	Avg size	Avg £sqft	Recent sales
Melrose Avenue, Bolton, BL1 5N	764 sqft	£196	20
Chorley Old Road, Bolton, BL1 5S	957 sqft	£168	17
Clevelands Drive, Bolton, BL1 5G	936 sqft	£256	16
Rydal Road, Bolton, BL1 5L	0 sqft	£259	16
Merryfield Grange, Bolton, BL1 5G	861 sqft	£197	14
Rydal Court, Bolton, BL1 5N	559 sqft	£226	14
Chorley New Road, Bolton, BL1 5D	0 sqft	£238	13
Church Road, Bolton, BL1 5R	0 sqft	£192	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	sqft	£/sqft
26, Nuffield Close, Bolton	£280,000 Jul-2024	1,517	184
Apartment 21 Bloomfield, Markland Hill, Bolton	£185,000 Jun-2024	914	202
14, Dougill St, Bolton	£100,000 Jun-2024	527	189

See the entire list of all sales in Bolton (BL1 5) here.