Housing Market Analysis for MERLIN DRIVE, BB5 3TW

Are you looking to understand BB5 3TW 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 Hyndburn postcode.

For the location information and nearby amenities in the BB5 3TW area, explore the BB5 3TW Area information page.
For comprehensive crime statistics in the BB5 3TW area, explore the BB5 3TW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BB5 3TW postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £43,125 median price is £43,125 Standard Deviation is £26,875 with Total Sold: 2
    • The most recent sale happened at this postcode is 14 MERLIN DRIVE: £70,000 (Sold on 14 Dec 2018)
    • The first recorded sale happened at this postcode is 14 MERLIN DRIVE: £16,250 (Sold on 23 Dec 2002)
  • Flat
    • The average price is around £55,301 median price is £66,950 Standard Deviation is £25,336 with Total Sold: 9
    • The most recent sale happened at this postcode is 9 MERLIN DRIVE: £68,500 (Sold on 02 Feb 2018)
    • The first recorded sale happened at this postcode is 4 MERLIN DRIVE: £30,000 (Sold on 22 Dec 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average BB5 3TW 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
2018£70,000 £909 1
2002£16,250 £211 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£68,500 £1,202 1
2014£50,000 £877 1
2012£67,0001
2009£84,000 £1,566 1
2006£90,0001
2005£31,360 £585 1
2004£66,9501
2003£9,900 £174 1
1998£30,0001

All the Sales in the MERLIN DRIVE, BB5 3TW

See the table below for more details on the sold house prices in the BB5 3TW, Hyndburn postcode.

AddressSold DatePrice% Change
14 MERLIN DRIVETerraced, FreeholdArea: 77 Sq.mtrAge: 1983-199014 Dec 2018£70,000330.77%
23 Dec 2002£16,250First Sale
9 MERLIN DRIVEFlat, LeaseholdArea: 57 Sq.mtrAge: 1976-198202 Feb 2018£68,50037.00%
10 Oct 2014£50,000405.05%
19 May 2003£9,900First Sale
4 MERLIN DRIVEFlat, Leasehold25 May 2012£67,000123.33%
22 Dec 1998£30,000First Sale
7 MERLIN DRIVEFlat, LeaseholdArea: 53.65 Sq.mtrAge: 1983-199009 Oct 2009£84,000167.86%
13 Jun 2005£31,360First Sale
3 MERLIN DRIVEFlat, Leasehold03 Nov 2006£90,00034.43%
16 Dec 2004£66,950First Sale

Check out the sold house prices near the BB5 3TW postcode. Properties currently for saleProperties currently for rent

MERLIN DRIVE, BB5 3TW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BB5 3TW 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 BB5 3TW postcode.

  • Terraced
    • The average price is around £66,417 median price is £63,725 Standard Deviation is £36,371 with Total Sold: 2,152
    • The Last 5 Year average price is £98,412 with Total Sold: 367
    • The most recent sale happened at this postcode is , 16 HIGHER HEYS: £90,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 FALCON TERRACE: £33,950 (Sold on 05 Jan 1995)
  • Semi-Detached
    • The average price is around £105,973 median price is £105,250 Standard Deviation is £59,924 with Total Sold: 286
    • The Last 5 Year average price is £170,053 with Total Sold: 57
    • The most recent sale happened at this postcode is , 98 ROE GREAVE ROAD: £108,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 BRIGHT STREET: £27,500 (Sold on 05 May 1995)
  • Flat
    • The average price is around £80,283 median price is £85,000 Standard Deviation is £33,904 with Total Sold: 103
    • The Last 5 Year average price is £81,821 with Total Sold: 17
    • The most recent sale happened at this postcode is APARTMENT 5, 5 TINKER BROOK CLOSE: £87,500 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 MERLIN DRIVE: £30,000 (Sold on 22 Dec 1998)
  • Other
    • The average price is around £291,717 median price is £140,000 Standard Deviation is £533,995 with Total Sold: 53
    • The Last 5 Year average price is £389,417 with Total Sold: 28
    • The most recent sale happened at this postcode is , 335 UNION ROAD: £140,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 294 UNION ROAD: £38,500 (Sold on 20 Jan 2015)
  • Detached
    • The average price is around £177,512 median price is £180,000 Standard Deviation is £78,062 with Total Sold: 202
    • The Last 5 Year average price is £254,192 with Total Sold: 31
    • The most recent sale happened at this postcode is , 5 WILLOW PARK: £245,000 (Sold on 07 Dec 2023)
    • The first recorded sale happened at this postcode is , 35 WILLOW PARK: £97,950 (Sold on 04 Aug 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£96,818 £1,059 28
2023£106,584 £1,235 64
2022£111,997 £1,290 74
2021£97,529 £1,108 84
2020£84,195 £972 57
2019£88,428 £996 60
2018£84,795 £952 60
2017£82,274 £903 55
2016£84,266 £967 60
2015£76,967 £912 42
2014£75,557 £919 44
2013£75,636 £844 35
2012£78,853 £906 36
2011£84,017 £1,002 38
2010£81,628 £1,003 42
2009£74,584 £979 41
2008£99,916 £1,148 63
2007£95,624 £1,122 115
2006£85,777 £1,016 118
2005£73,120 £869 109
2004£66,335 £777 113
2003£47,760 £578 133
2002£37,090 £424 111
2001£30,811 £348 112
2000£32,232 £390 69
1999£31,440 £368 69
1998£27,933 £326 72
1997£29,977 £336 79
1996£26,720 £320 92
1995£31,066 £357 77
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£108,0001
2023£144,750 £1,764 8
2022£223,029 £2,080 14
2021£169,387 £1,881 15
2020£143,475 £1,602 8
2019£146,909 £1,732 11
2018£136,395 £1,318 10
2017£119,333 £1,462 6
2016£130,539 £1,692 11
2015£120,500 £1,433 8
2014£130,500 £1,318 2
2013£107,114 £1,463 5
2012£65,000 £1,285 2
2011£118,421 £1,595 7
2010£119,105 £1,982 9
2009£132,250 £1,534 4
2008£134,850 £1,726 7
2007£131,526 £1,436 21
2006£113,902 £1,466 18
2005£112,789 £1,424 10
2004£83,188 £1,179 10
2003£70,282 £1,032 8
2002£51,890 £619 16
2001£59,639 £563 13
2000£51,488 £538 8
1999£56,697 £719 15
1998£45,618 £599 10
1997£39,025 £485 11
1996£41,596 £536 12
1995£41,375 £611 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£82,750 £1,207 2
2023£91,400 £1,513 5
2022£95,983 £1,555 3
2021£66,000 £948 2
2020£69,125 £1,263 4
2019£72,000 £1,437 1
2018£70,938 £1,233 4
2017£61,333 £1,165 3
2016£54,500 £414 2
2015£50,000 £750 2
2014£60,242 £1,077 4
2013£57,500 £997 2
2012£69,750 £1,177 2
2011£40,750 £904 2
2009£77,000 £1,085 3
2008£88,125 £1,672 4
2007£112,238 £1,633 4
2006£98,104 £1,429 14
2005£95,233 £1,448 32
2004£66,9501
2003£10,575 £181 2
2002£13,242 £337 4
1998£30,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£198,5333
2023£111,000 £1,442 3
2022£865,000 £2,386 5
2021£532,667 £8,618 6
2020£161,4297
2019£331,0164
2018£219,544 £2,181 9
2017£213,185 £4,729 10
2016£92,7754
2015£39,2502
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£265,500 £2,486 6
2022£256,611 £2,378 9
2021£265,439 £2,324 9
2020£236,125 £2,102 4
2019£214,667 £1,824 3
2018£217,580 £1,585 5
2017£185,797 £1,609 16
2016£198,300 £2,047 5
2015£196,214 £1,950 7
2014£213,790 £1,743 5
2013£172,333 £1,542 6
2012£155,988 £1,664 4
2011£192,500 £1,718 2
2010£202,332 £1,610 3
2009£174,567 £1,777 3
2008£218,000 £1,520 3
2007£185,475 £1,662 2
2006£202,333 £1,798 34
2005£190,162 £1,616 20
2004£191,219 £1,492 8
2003£121,6905
2002£83,862 £874 8
2001£66,633 £672 3
2000£82,207 £753 7
1999£74,242 £756 6
1998£76,750 £758 2
1997£65,567 £712 6
1996£98,643 £906 7
1995£83,612 £867 4

House Type in BB5 3TW area

The most common house types in the BB5 3TW postcode area are Flat (86), Terraced (17), and Semi-detached (5).

Total108
Flat86
Terraced17
Semi-detached5
Detached0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (63), and Social rented: Rents from council or Local Authority (19).

Social rented: Other social rented63
Social rented: Rents from council or Local Authority19
Owned: Owns outright12
Private rented: Private landlord or letting agency7
Owned: Owns with a mortgage or loan5
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the BB5 3TW have 1 person in household (75), and 2 people in household (24).

1 person in household75
2 people in household24
3 people in household4
4 people in household4
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0