Housing Market Analysis for RICHMOND TERRACE, BB1 7BQ

Are you looking to understand BB1 7BQ 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 7BQ area, explore the BB1 7BQ Area information page.
For comprehensive crime statistics in the BB1 7BQ area, explore the BB1 7BQ Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £130,300 median price is £105,000 Standard Deviation is £60,028 with Total Sold: 5
    • The Last 5 Year average price is £100,625 with Total Sold: 4
    • The most recent sale happened at this postcode is RICHMOND HOUSE, 15 RICHMOND TERRACE: £115,000 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is 13 RICHMOND TERRACE: £92,500 (Sold on 14 May 2024)
  • Other
    • The average price is around £185,000 median price is £185,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £185,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 RICHMOND TERRACE: £185,000 (Sold on 20 Jan 2021)
    • The first recorded sale happened at this postcode is 13 RICHMOND TERRACE: £185,000 (Sold on 20 Jan 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average BB1 7BQ 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£115,0001
2021£97,5002
2001£249,0001
2024£92,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£185,0001

All the Sales in the RICHMOND TERRACE, BB1 7BQ

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

AddressSold DatePrice% Change
RICHMOND HOUSE, 15 RICHMOND TERRACETerraced, Freehold10 Feb 2023£115,00027.78%
13 Jan 2021£90,000First Sale
14 RICHMOND TERRACETerraced, Freehold31 Mar 2021£105,000First Sale
13 RICHMOND TERRACEOther, Freehold20 Jan 2021£185,000100.00%
14 May 2024£92,500First Sale
RICHMOND HOUSE, 16 RICHMOND TERRACETerraced, Freehold17 Sep 2001£249,000First Sale

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

RICHMOND TERRACE, BB1 7BQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BB1 7BQ 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 7BQ postcode.

  • Other
    • The average price is around £637,781 median price is £180,000 Standard Deviation is £2,468,677 with Total Sold: 151
    • The Last 5 Year average price is £507,490 with Total Sold: 89
    • 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 £66,933 median price is £55,000 Standard Deviation is £53,608 with Total Sold: 1,160
    • The Last 5 Year average price is £119,061 with Total Sold: 146
    • 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 £109,566 median price is £93,500 Standard Deviation is £71,082 with Total Sold: 118
    • The Last 5 Year average price is £197,275 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 £42,617 median price is £41,750 Standard Deviation is £18,938 with Total Sold: 46
    • The Last 5 Year average price is £62,857 with Total Sold: 7
    • 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 £179,005 median price is £156,250 Standard Deviation is £114,385 with Total Sold: 40
    • 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 , 12 BROOKHOUSE CLOSE: £45,950 (Sold on 30 Mar 1995)

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£193,233 £3,851 15
2019£432,987 £670 23
2018£202,091 £1,047 19
2017£224,191 £5,526 21
2016£3,765,8888
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£126,467 £1,229 30
2022£142,875 £1,199 16
2021£108,512 £1,138 34
2020£114,717 £1,015 30
2019£114,950 £1,056 29
2018£96,180 £930 25
2017£97,356 £1,005 26
2016£81,341 £854 22
2015£89,095 £847 21
2014£75,050 £785 15
2013£94,775 £877 20
2012£91,173 £878 26
2011£89,479 £940 24
2010£109,662 £945 32
2009£106,303 £954 37
2008£108,481 £1,131 39
2007£104,690 £995 64
2006£87,218 £889 55
2005£69,021 £850 36
2004£59,420 £523 50
2003£39,750 £365 62
2002£31,288 £279 76
2001£34,058 £258 50
2000£27,476 £173 55
1999£28,152 £271 58
1998£26,805 £243 50
1997£24,245 £225 46
1996£25,232 £219 65
1995£28,542 £208 60
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£225,000 £2,000 2
2021£136,375 £1,479 2
2020£212,5002
2019£206,250 £1,750 4
2018£160,000 £927 2
2017£124,000 £1,088 1
2016£116,667 £1,215 3
2013£119,500 £1,128 4
2012£148,000 £774 4
2011£107,500 £476 1
2010£164,158 £989 6
2009£146,2504
2008£59,000 £668 2
2007£168,875 £905 8
2006£170,7005
2005£117,269 £1,552 8
2004£125,0005
2003£79,085 £401 4
2002£74,143 £431 7
2001£67,438 £430 8
2000£60,642 £345 6
1999£68,667 £258 3
1998£112,7501
1997£66,750 £244 4
1996£33,500 £376 5
1995£61,000 £418 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£65,0001
2022£67,500 £922 2
2020£57,500 £1,110 2
2019£62,500 £977 2
2018£53,667 £986 3
2016£36,000 £755 1
2015£55,333 £797 3
2014£45,000 £789 1
2013£50,000 £735 1
2011£41,000 £1,206 1
2010£38,7502
2009£38,250 £1,125 1
2008£56,500 £1,009 1
2007£55,0001
2006£57,000 £950 1
2005£82,0001
2004£46,750 £933 2
2003£30,736 £493 5
2002£21,250 £436 2
2001£17,000 £224 1
2000£21,000 £566 2
1999£35,833 £639 3
1998£24,2252
1997£32,000 £317 2
1996£28,833 £598 3
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£200,0001
2010£85,0001
2008£290,0001
2007£234,0001
2006£435,0001
2005£264,000 £1,195 4
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
1995£46,700 £524 2

House Type in BB1 7BQ area

The most common house types in the BB1 7BQ 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 7BQ 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