Housing Market Analysis for RICHMOND TERRACE, BB1 7AW

Are you looking to understand BB1 7AW house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Blackburn with Darwen postcode.

For the location information and nearby amenities in the BB1 7AW area, explore the BB1 7AW Area information page.
For comprehensive crime statistics in the BB1 7AW area, explore the BB1 7AW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BB1 7AW postcode area, The average prices are as follows,

  • Other
    • The average price is around £325,000 median price is £325,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £325,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BLACKBURN MASONIC HALL CO LTD RICHMOND TERRACE: £325,000 (Sold on 23 Mar 2022)
    • The first recorded sale happened at this postcode is BLACKBURN MASONIC HALL CO LTD RICHMOND TERRACE: £325,000 (Sold on 23 Mar 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average BB1 7AW house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£325,0001

All the Sales in the RICHMOND TERRACE, BB1 7AW

See the table below for more details on the sold house prices in the BB1 7AW, Blackburn with Darwen postcode.

AddressSold DatePrice% Change
BLACKBURN MASONIC HALL CO LTD RICHMOND TERRACEOther, Freehold23 Mar 2022£325,000First Sale

Check out the sold house prices near the BB1 7AW postcode. Properties currently for saleProperties currently for rent

RICHMOND TERRACE, BB1 7AW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BB1 7AW postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the BB1 7AW postcode.

  • Other
    • The average price is around £624,145 median price is £180,000 Standard Deviation is £2,414,504 with Total Sold: 158
    • The Last 5 Year average price is £497,517 with Total Sold: 92
    • The most recent sale happened at this postcode is , 101A PRESTON NEW ROAD: £135,000 (Sold on 19 Jun 2024)
    • The first recorded sale happened at this postcode is , A D VARLEY & CO WELLINGTON STREET ST JOHNS: £143,000 (Sold on 04 Nov 2013)
  • Terraced
    • The average price is around £66,888 median price is £55,000 Standard Deviation is £53,788 with Total Sold: 1,135
    • The Last 5 Year average price is £120,821 with Total Sold: 137
    • The most recent sale happened at this postcode is , EASTLAKE HOUSE, 7 PRESTON NEW ROAD: £100,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 69 BALACLAVA STREET: £30,000 (Sold on 04 Jan 1995)
  • Semi-Detached
    • The average price is around £116,501 median price is £97,500 Standard Deviation is £71,535 with Total Sold: 105
    • The Last 5 Year average price is £193,375 with Total Sold: 10
    • The most recent sale happened at this postcode is , 57 SHEAR BROW: £290,000 (Sold on 07 Dec 2023)
    • The first recorded sale happened at this postcode is , 18 WELLINGTON STREET: £52,500 (Sold on 01 Feb 1995)
  • Flat
    • The average price is around £44,023 median price is £44,000 Standard Deviation is £23,994 with Total Sold: 60
    • The Last 5 Year average price is £61,750 with Total Sold: 8
    • The most recent sale happened at this postcode is FLAT 8, EAST PARK COURT, 12 EAST PARK ROAD: £65,000 (Sold on 17 Nov 2023)
    • The first recorded sale happened at this postcode is FLAT 1, EAST PARK COURT, 12 EAST PARK ROAD: £27,000 (Sold on 13 Sep 1996)
  • Detached
    • The average price is around £187,471 median price is £160,000 Standard Deviation is £109,656 with Total Sold: 41
    • The Last 5 Year average price is £236,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 21 PALMER ROAD: £130,000 (Sold on 14 Jan 2021)
    • The first recorded sale happened at this postcode is , 17 LONDON WALK: £48,000 (Sold on 18 Mar 1996)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,8005
2023£1,051,54212
2022£772,962 £1,239 16
2021£273,30618
2020£205,844 £3,851 16
2019£406,748 £670 25
2018£200,736 £1,047 20
2017£224,191 £5,526 21
2016£2,877,91811
2015£707,8329
2014£1,487,5004
2013£143,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£119,786 £1,306 7
2023£129,411 £1,260 28
2022£144,750 £1,204 16
2021£109,481 £1,138 30
2020£115,086 £1,002 29
2019£116,761 £1,044 27
2018£96,729 £941 24
2017£96,210 £998 25
2016£82,833 £866 21
2015£89,800 £855 20
2014£75,050 £785 15
2013£95,289 £887 19
2012£90,021 £860 24
2011£88,227 £943 22
2010£109,662 £945 32
2009£105,172 £950 36
2008£108,888 £1,166 38
2007£106,035 £1,015 62
2006£86,241 £889 56
2005£68,184 £850 42
2004£58,569 £520 51
2003£40,075 £370 60
2002£31,331 £279 75
2001£33,938 £260 50
2000£27,614 £172 54
1999£28,533 £273 55
1998£26,593 £243 51
1997£26,091 £233 47
1996£25,922 £219 63
1995£29,473 £209 56
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£178,667 £1,735 3
2021£136,375 £1,479 2
2020£300,0001
2019£206,250 £1,750 4
2018£160,000 £927 2
2017£124,000 £1,088 1
2016£75,000 £1,042 1
2013£104,400 £1,034 5
2012£160,000 £653 3
2011£83,333 £971 3
2010£172,999 £817 5
2009£146,2504
2008£108,031 £975 2
2007£178,143 £938 7
2006£170,7005
2005£139,857 £1,552 7
2004£111,9297
2003£79,085 £401 4
2002£77,750 £431 6
2001£69,214 £400 7
2000£69,175 £329 4
1999£72,200 £258 5
1998£112,7501
1997£66,750 £244 4
1996£33,500 £376 5
1995£78,071 £359 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£65,0001
2022£63,000 £930 3
2020£57,500 £1,110 2
2019£62,500 £977 2
2018£51,600 £897 5
2016£36,000 £755 1
2015£55,333 £797 3
2014£45,000 £789 1
2013£67,500 £735 2
2012£81,500 £694 2
2011£53,000 £1,206 2
2010£38,7502
2009£38,250 £1,125 1
2008£56,500 £1,009 1
2007£82,5002
2006£57,000 £950 1
2005£48,000 £246 2
2004£48,500 £933 3
2003£30,736 £493 5
2002£21,250 £436 2
2001£17,000 £224 1
2000£15,833 £566 3
1999£35,833 £639 3
1998£20,6503
1997£32,000 £317 2
1996£21,700 £598 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£130,000 £1,226 1
2020£290,000 £2,134 2
2015£130,000 £1,327 1
2012£470,000 £1,836 1
2011£225,0002
2010£117,2502
2008£290,0001
2007£234,0001
2006£435,0001
2005£255,200 £1,195 5
2004£161,786 £1,071 7
2003£190,0002
2002£165,000 £668 1
2001£152,9986
2000£175,0001
1999£125,0501
1998£103,312 £424 4
1996£74,0002

House Type in BB1 7AW area

The most common house types in the BB1 7AW postcode area are Terraced (106), Flat (40), and commercial building (21).

Total187
Terraced106
Flat40
commercial building21
Detached9
Shared house7
converted building3
Semi-detached1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (81), and Owned: Owns outright (47).

Private rented: Private landlord or letting agency81
Owned: Owns outright47
Owned: Owns with a mortgage or loan27
Private rented: Other private rented21
Social rented: Other social rented7
Social rented: Rents from council or Local Authority3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the BB1 7AW have 1 person in household (70), and 2 people in household (37).

1 person in household70
2 people in household37
4 people in household26
3 people in household22
5 people in household14
6 people in household8
8 or more people in household8
7 people in household3
0 people in household0