# House prices in BL6 6 (Horwich)

## Defining 'BL6 6'

This analysis is limited to properties whose postcode starts with "BL6 6", 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 Horwich.

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 Horwich 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. 6, Springburn Close, Horwich, sold for £215,000 on Mar-2024. Given the internal area of 65 square metres, the price per sqm is £3,307.

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 198 sales in Horwich (BL6 6) that took place in the last two years.

##### Distribution of £ per sqm for Horwich
Distribution of £ per sqm house prices in Horwich

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 Horwich (BL6 6). Of the 198 transactions, half were sold for between £1,920 and £3,000 per square metre. The median, or 'middle', price per square metre in 'BL6 6' is £2,470. Notably, only 25% of properties that sold recently were valued at more than £3,000 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 Horwich

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 Horwich. 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 Horwich

## Comparison with neighbouring postcode sectors

The table below shows how 'BL6 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BL6 4 Lostock £2,290 sqm £2,800 sqm £3,390 sqm
BL6 5 Horwich £1,740 sqm £2,190 sqm £2,870 sqm
BL6 7 Horwich £1,710 sqm £2,040 sqm £2,540 sqm
BL6 6 Horwich £1,920 sqm £2,470 sqm £3,000 sqm

## Will Horwich 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 BL6 6 (Horwich) compared with both the wider area BL6 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 Horwich,Horwich
House price trends for Horwich

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 BL6 6 sales
Recent trends for Horwich

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 Horwich 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 Horwich 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
Lowerbrook Close, Horwich, BL6 6S 63 sqm £2,899 17
Bottom O Th Moor, Horwich, BL6 6Q 90 sqm £2,538 13
Napier Drive, Horwich, BL6 6F 67 sqm £2,473 13
Dale Street West, Horwich, BL6 6J 58 sqm £1,576 11
Chorley New Road, Horwich, BL6 6E 94 sqm £1,499 11
Church Street, Horwich, BL6 6A 89 sqm £1,848 11
Springburn Close, Horwich, BL6 6S 65 sqm £2,855 11
Stocks Park Drive, Horwich, BL6 6D 59 sqm £1,953 10

## Raw data

Our analysis of Horwich 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.

6, Springburn Close, Horwich £215,000
Mar-2024
65 3,307
74, Church St, Horwich £196,500
Mar-2024
90 2,183
433, Chorley New Rd, Horwich £160,000
Mar-2024
104 1,538