House prices in BL4 8 (Kearsley)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BL4 8' (Kearsley, Farnworth) - statistics were last calculated on 30 August 2024.

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Defining 'BL4 8'

This analysis is limited to properties whose postcode starts with "BL4 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 Kearsley.

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 metre

Knowing the average house price in Kearsley 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. 20, Beech Avenue, Kearsley, Farnworth, sold for £175,000 on Jul-2024. Given the internal area of 71 square metres, the price per sqm is £2,464.

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. £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 134 sales in Kearsley (BL4 8) 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 Kearsley (BL4 8). Of the 134 transactions, half were sold for between £1,870 and £2,590 per square metre. The median, or 'middle', price per square metre in 'BL4 8' is £2,230. Notably, only 25% of properties that sold recently were valued at more than £2,590 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 Kearsley, Farnworth

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 Farnworth. 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 Kearsley, Farnworth

Comparison with neighbouring postcode sectors

The table below shows how 'BL4 8' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BL4 7 Farnworth	£1,480 sqm	£1,800 sqm	£2,570 sqm
BL4 8 Kearsley	£1,870 sqm	£2,230 sqm	£2,590 sqm
BL4 9 Farnworth	£1,630 sqm	£1,990 sqm	£2,320 sqm
BL4 0 Farnworth	£1,800 sqm	£2,150 sqm	£2,650 sqm

Will Farnworth 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 BL4 8 (Kearsley) compared with both the wider area BL4 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 Farnworth 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 Farnworth 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
Bolton Road, Kearsley, BL4 8N	97 sqm	£1,639	17
Mossfield Road, Kearsley, BL4 8L	75 sqm	£1,658	13
Manchester Road, Kearsley, BL4 8Q	92 sqm	£1,652	13
Trent Way, Kearsley, BL4 8P	92 sqm	£2,535	13
Lord Street, Kearsley, BL4 8A	88 sqm	£1,783	12
Holcombe Close, Kearsley, BL4 8J	80 sqm	£2,437	11
Grosvenor Street, Kearsley, BL4 8D	87 sqm	£1,759	11
Station Road, Kearsley, BL4 8E	118 sqm	£1,783	10

Search for your street here.

Raw data

Our analysis of Kearsley 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
20, Beech Avenue, Kearsley, Farnworth	£175,000 Jul-2024	71	2,464
73a, Holcombe Crescent, Kearsley, Farnworth	£215,000 Jun-2024	133	1,616
11, Waverley Avenue, Kearsley, Farnworth	£178,000 Jun-2024	72	2,472

See the entire list of all sales in Kearsley (BL4 8) here.