Housing Market Analysis for FAROES CLOSE, BB2 3EL

Are you looking to understand BB2 3EL 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 BB2 3EL area, explore the BB2 3EL Area information page.
For comprehensive crime statistics in the BB2 3EL area, explore the BB2 3EL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BB2 3EL postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £69,737 median price is £59,950 Standard Deviation is £28,315 with Total Sold: 41
    • The Last 5 Year average price is £111,857 with Total Sold: 7
    • The most recent sale happened at this postcode is 7 FAROES CLOSE: £132,000 (Sold on 11 Sep 2023)
    • The first recorded sale happened at this postcode is 5 FAROES CLOSE: £118,000 (Sold on 11 Feb 2022)
  • Semi-Detached
    • The average price is around £61,489 median price is £51,995 Standard Deviation is £14,979 with Total Sold: 11
    • The Last 5 Year average price is £77,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 19 FAROES CLOSE: £77,500 (Sold on 22 Feb 2019)
    • The first recorded sale happened at this postcode is 17 FAROES CLOSE: £44,495 (Sold on 26 Nov 1999)
  • Detached
    • The average price is around £56,995 median price is £56,995 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 18 FAROES CLOSE: £56,995 (Sold on 25 Aug 2000)
    • The first recorded sale happened at this postcode is 18 FAROES CLOSE: £56,995 (Sold on 25 Aug 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average BB2 3EL 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£111,000 £1,936 2
2022£115,333 £1,949 3
2020£115,000 £1,554 1
2019£100,000 £1,818 1
2016£93,000 £1,525 1
2014£75,000 £1,341 1
2012£90,000 £1,579 1
2007£87,500 £1,562 1
2006£91,125 £1,504 4
2005£105,000 £1,721 1
2004£80,500 £1,295 2
2003£63,483 £1,150 3
2002£46,170 £883 5
2000£47,395 £768 5
1999£44,195 £732 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£77,500 £1,360 1
2005£72,000 £1,286 1
2004£82,950 £1,455 1
2003£68,817 £1,028 3
2000£49,495 £767 3
1999£44,495 £795 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£56,9951

All the Sales in the FAROES CLOSE, BB2 3EL

See the table below for more details on the sold house prices in the BB2 3EL, Blackburn with Darwen postcode.

AddressSold DatePrice% Change
7 FAROES CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1996-200211 Sep 2023£132,00032.00%
19 Dec 2019£100,000108.36%
29 Oct 1999£47,995First Sale
27 FAROES CLOSETerraced, FreeholdArea: 61.16 Sq.mtrAge: 1996-200206 Feb 2023£90,000-7.69%
04 Dec 2006£97,500103.15%
28 Jan 2000£47,995First Sale
5 FAROES CLOSETerraced, FreeholdArea: 61 Sq.mtrAge: 1983-199011 Feb 2022£118,00026.88%
31 Mar 2016£93,000-11.43%
27 May 2005£105,00061.54%
12 Mar 2004£65,00035.43%
19 Nov 1999£47,995-59.33%
11 Feb 2022£118,000First Sale
1 FAROES CLOSETerraced, FreeholdArea: 56 Sq.mtrAge: 1983-199018 Jan 2022£110,00025.71%
09 Mar 2007£87,500118.78%
27 Aug 1999£39,995First Sale
16 FAROES CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 2003-200619 Mar 2020£115,00036.90%
01 Aug 2003£84,00020.09%
09 Sep 2002£69,95018.57%
30 Jun 2000£58,995First Sale
19 FAROES CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1996-200222 Feb 2019£77,500-6.57%
16 Aug 2004£82,95059.67%
24 Jan 2003£51,95016.75%
14 Jan 2000£44,495First Sale
11 FAROES CLOSETerraced, FreeholdArea: 55.94 Sq.mtrAge: 1996-200231 Jan 2014£75,00078.59%
23 Sep 1999£41,995First Sale
3 FAROES CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1996-200217 Aug 2012£90,000125.03%
27 Aug 1999£39,995First Sale
9 FAROES CLOSETerraced, FreeholdArea: 56 Sq.mtrAge: 1991-199508 Sep 2006£74,00080.71%
26 Apr 2002£40,95046.25%
12 Mar 2002£28,000-33.33%
27 Aug 1999£41,995First Sale
23 FAROES CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1991-199507 Jul 2006£95,000126.22%
04 Feb 2000£41,995First Sale
21 FAROES CLOSETerraced, Freehold07 Jul 2006£98,000118.02%
07 Jun 2002£44,950-2.27%
01 Dec 2000£45,995First Sale
17 FAROES CLOSESemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1996-200211 Nov 2005£72,00061.82%
26 Nov 1999£44,495First Sale
2 FAROES CLOSETerraced, FreeholdArea: 63 Sq.mtrAge: 1991-199520 Aug 2004£96,000104.26%
07 Jun 2002£47,000-2.07%
26 Nov 1999£47,995First Sale
14 FAROES CLOSESemi-Detached, Freehold23 Dec 2003£75,50045.21%
03 Mar 2000£51,995First Sale
6 FAROES CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1996-200208 Dec 2003£59,95036.27%
29 Oct 1999£43,995First Sale
12 FAROES CLOSESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1996-200228 Nov 2003£79,00051.94%
02 Jun 2000£51,995First Sale
25 FAROES CLOSETerraced, FreeholdArea: 53 Sq.mtrAge: 1991-199523 May 2003£46,50010.73%
03 Mar 2000£41,995First Sale
18 FAROES CLOSEDetached, Freehold25 Aug 2000£56,995First Sale
8 FAROES CLOSESemi-Detached, Freehold03 Dec 1999£44,495First Sale
15 FAROES CLOSETerraced, Freehold26 Nov 1999£47,995First Sale
4 FAROES CLOSETerraced, Freehold27 Aug 1999£41,995First Sale

Check out the sold house prices near the BB2 3EL postcode. Properties currently for saleProperties currently for rent

FAROES CLOSE, BB2 3EL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BB2 3EL 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 BB2 3EL postcode.

  • Terraced
    • The average price is around £68,854 median price is £65,000 Standard Deviation is £33,764 with Total Sold: 444
    • The Last 5 Year average price is £105,160 with Total Sold: 78
    • The most recent sale happened at this postcode is , 24 MOWBRAY AVENUE: £89,500 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 12 ROMAN ROAD: £25,000 (Sold on 23 Jun 1995)
  • Semi-Detached
    • The average price is around £74,884 median price is £72,748 Standard Deviation is £37,609 with Total Sold: 536
    • The Last 5 Year average price is £122,150 with Total Sold: 81
    • The most recent sale happened at this postcode is , 20 OLD BANK LANE: £195,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 234 BRANDY HOUSE BROW: £21,500 (Sold on 04 Apr 1995)
  • Detached
    • The average price is around £128,086 median price is £124,250 Standard Deviation is £64,056 with Total Sold: 146
    • The Last 5 Year average price is £221,106 with Total Sold: 25
    • The most recent sale happened at this postcode is , 19 OLD BANK LANE: £199,950 (Sold on 14 May 2024)
    • The first recorded sale happened at this postcode is , 20 BRITTEN CLOSE: £64,000 (Sold on 13 Feb 1995)
  • Other
    • The average price is around £1,045,132 median price is £135,000 Standard Deviation is £1,383,393 with Total Sold: 3
    • The Last 5 Year average price is £67,698 with Total Sold: 2
    • The most recent sale happened at this postcode is , 188 BRANDY HOUSE BROW: £135,000 (Sold on 28 Mar 2022)
    • The first recorded sale happened at this postcode is , LONGSHAW MILL HIGHFIELD ROAD: £3,000,000 (Sold on 05 Nov 2015)
  • Flat
    • The average price is around £50,000 median price is £56,000 Standard Deviation is £15,759 with Total Sold: 6
    • The Last 5 Year average price is £62,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 200A BRANDY HOUSE BROW: £62,000 (Sold on 08 Feb 2021)
    • The first recorded sale happened at this postcode is , 8 COLDSTREAM PLACE: £22,000 (Sold on 28 Nov 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£125,083 £1,750 6
2023£120,825 £1,694 20
2022£119,091 £1,682 17
2021£87,850 £1,191 14
2020£87,917 £1,338 9
2019£82,481 £1,106 12
2018£74,692 £924 13
2017£83,125 £906 8
2016£70,744 £908 17
2015£80,909 £1,001 11
2014£70,550 £1,024 10
2013£59,778 £783 9
2012£68,450 £900 10
2011£69,500 £820 4
2010£86,400 £1,176 5
2009£91,197 £1,191 7
2008£81,732 £1,003 5
2007£92,318 £1,135 25
2006£77,734 £1,068 31
2005£65,371 £901 30
2004£65,336 £997 37
2003£49,557 £775 29
2002£40,515 £653 17
2001£36,740 £525 19
2000£38,920 £532 23
1999£40,788 £641 18
1998£37,551 £592 23
1997£29,190 £289 5
1996£27,750 £500 2
1995£42,544 £491 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£157,667 £2,045 9
2023£130,719 £1,805 16
2022£137,400 £1,690 18
2021£102,419 £1,284 13
2020£114,000 £1,556 7
2019£98,944 £1,401 18
2018£95,344 £1,260 16
2017£98,805 £1,365 10
2016£85,400 £1,233 15
2015£74,250 £997 8
2014£77,071 £977 7
2013£76,545 £1,013 11
2012£79,056 £1,139 8
2011£88,871 £1,080 7
2010£96,145 £1,198 11
2009£92,667 £1,298 9
2008£91,625 £1,275 12
2007£104,732 £1,333 17
2006£85,994 £1,097 36
2005£75,384 £1,011 33
2004£77,410 £1,070 56
2003£44,777 £617 42
2002£34,412 £453 20
2001£45,323 £663 33
2000£45,540 £635 30
1999£45,458 £672 19
1998£41,067 £597 18
1997£42,661 £597 10
1996£28,871 £271 12
1995£48,161 £545 15
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£199,9501
2023£285,000 £2,145 2
2022£245,000 £2,090 5
2021£217,600 £2,266 2
2020£207,812 £1,964 8
2019£205,000 £1,772 7
2018£194,997 £1,837 3
2017£194,408 £1,688 6
2016£158,333 £1,613 3
2015£141,800 £1,591 5
2014£151,279 £1,405 7
2013£134,500 £1,520 5
2012£157,000 £1,236 1
2008£207,999 £1,695 4
2007£161,667 £1,547 3
2006£128,062 £1,485 8
2005£132,090 £1,420 5
2004£125,811 £1,332 8
2003£109,625 £1,024 4
2002£77,325 £759 6
2001£68,722 £690 9
2000£65,284 £652 7
1999£68,772 £677 9
1998£61,224 £789 6
1997£59,011 £590 9
1996£64,833 £600 6
1995£65,186 £588 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£135,0001
2020£395 £6 1
2015£3,000,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£62,000 £1,033 1
2016£52,000 £825 1
2013£60,000 £845 1
2011£67,000 £1,063 1
2005£37,000 £587 1
1997£22,000 £297 1

House Type in BB2 3EL area

The most common house types in the BB2 3EL postcode area are Semi-detached (99), Terraced (60), and Detached (14).

Total173
Semi-detached99
Terraced60
Detached14
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (65), and Private rented: Private landlord or letting agency (60).

Owned: Owns with a mortgage or loan65
Private rented: Private landlord or letting agency60
Owned: Owns outright33
Shared ownership: Shared ownership6
Social rented: Other social rented5
Private rented: Other private rented3
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the BB2 3EL have 1 person in household (48), and 2 people in household (48).

1 person in household48
2 people in household48
3 people in household37
4 people in household30
5 people in household10
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0