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Bank Hey market report BB1 5, Blackburn
The standing BB1 5 (Bank Hey) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 2,451 completed sales registered with HM Land Registry in BB1 5 (Blackburn) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the middle 2026 sale in BB1 5 (Blackburn) came in at £136,200, out of 16 registered, up 11% on five years earlier, and the mean stands at £141,400, and by floor area homes here have averaged about £1,760 per square metre over the last five years. The record behind it is 2,451 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
BB1 5 is a postcode sector: one group of streets inside BB1 (Blackburn). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where BB1 5 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in BB1 5
Take the 16 registered 2026 sales in BB1 5 and the middle price, the median, is £136,200. The mean lands at £141,400, nearly identical to it, meaning sales cluster closely around the typical figure.
What a square metre costs in BB1 5
Measured by floor area, the last five years of BB1 5 sales average about £1,760 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
Set against the £285,000 England and Wales median, BB1 5 sits 52% below the national market.
The price of a typical BB1 5 home, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £136,200 | £136,200 | 16 |
| 2025 | £155,000 | £158,707 | 51 |
| 2024 | £134,100 | £142,576 | 48 |
| 2023 | £140,000 | £153,826 | 48 |
| 2022 | £128,500 | £150,681 | 48 |
| 2021 | £123,000 | £155,734 | 72 |
| 2020 | £130,000 | £168,678 | 47 |
| 2019 | £105,000 | £137,630 | 55 |
| 2018 | £97,500 | £129,969 | 78 |
| 2017 | £96,800 | £132,025 | 62 |
| 2016 | £85,000 | £118,916 | 60 |
| 2015 | £104,800 | £148,082 | 70 |
| 2014 | £119,800 | £169,957 | 94 |
| 2013 | £120,400 | £173,244 | 103 |
| 2012 | £118,500 | £174,417 | 82 |
| 2011 | £99,000 | £149,452 | 70 |
| 2010 | £85,000 | £133,302 | 56 |
| 2009 | £98,000 | £157,536 | 63 |
| 2008 | £103,000 | £168,839 | 61 |
| 2007 | £100,000 | £169,628 | 99 |
| 2006 | £85,000 | £147,549 | 107 |
| 2005 | £80,000 | £142,368 | 83 |
| 2004 | £66,500 | £120,777 | 106 |
| 2003 | £36,100 | £66,505 | 104 |
| 2002 | £30,200 | £56,821 | 102 |
| 2001 | £32,800 | £63,056 | 124 |
| 2000 | £30,000 | £58,875 | 91 |
| 1999 | £33,500 | £66,764 | 85 |
| 1998 | £30,000 | £60,557 | 87 |
| 1997 | £28,200 | £57,833 | 99 |
| 1996 | £30,200 | £63,690 | 90 |
| 1995 | £32,200 | £69,998 | 90 |
In cash terms the typical BB1 5 home went from £32,200 in 1995 to £136,200 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 95%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2012; the current median sits about 22% below that. Someone who bought at the 2012 peak has not yet seen that price back in real terms.
Year-on-year change in the BB1 5 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2004 (+84.2% on the year before); the weakest, 2016 (−18.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −12.1% | −14.2% |
| 5 years (since 2021) | +2.1% | −2.6% |
| 10 years (since 2016) | +4.8% | +1.4% |
| 20 years (since 2006) | +2.4% | −0.4% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Sales activity in BB1 5
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The register shows 16 BB1 5 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 102 sales a year before the financial crisis and 42 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The rental side of BB1 5
For renting purposes BB1 5 sits in Blackburn with Darwen. The ONS average private rent there is £711 a month (May 2026). Size sets most of the rent: one-beds average £532 a month here against £1,111 for four or more bedrooms.
Average monthly rent by size, Blackburn with Darwen
ONS Price Index of Private Rents, May 2026.
£711 a month is £8,532 a year, which against the £136,200 median sold price makes a gross yield of 6.3%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
What kind of market BB1 5 is
This is a thin market: 16 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Within BB1, this sector trades 15% below the district median: one of its district's cheaper corners.
Common questions on BB1 5 (Bank Hey)
Is BB1 5 (Bank Hey) a good place to buy a house?
How much did a house sell for in BB1 5 (Bank Hey)?
Are property prices falling in BB1 5 (Bank Hey)?
Will BB1 5 prices rise from here?
That question has no honest answer, only evidence. The evidence: the median is up 11% over five years in cash but down 13% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What you could buy in BB1 now
This is what you could actually buy today: 71 homes currently on the market from 6 agents publishing to HomesIndex.
These cover the whole BB1 district, not just BB1 5: live asking prices are collected per district.
20% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Dunoon Drive, Blackburn, Lancashire
- High Street, Rishton, Blackburn, Lanc...
- Lammack Road, Blackburn, Lancashire, BB1
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every BB1 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Moving up a bedroom in BB: the cost
What homes of each size actually sold for across the BB area, from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £225,000 | £309,995 (+38%) | £460,000 (+48%) | £670,000 (+46%) |
| Semi-detached | £149,975 | £175,000 (+17%) | £215,000 (+23%) | £290,000 (+35%) | £383,750 (+32%) |
| Terraced | £97,500 | £100,000 (+3%) | £129,950 (+30%) | £170,000 (+31%) | £230,000 (+35%) |
| Flat | £90,200 | £125,000 (+39%) | £170,000 (+36%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the BB area is the point: the same five years treated these districts very differently.
Five-year change in the median, BB area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in BB1
A few minutes' walk can separate two very different markets. Here are BB1's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| BB1 1 | £132,500 | 23 |
| BB1 2 | £160,500 | 30 |
| BB1 3 | £155,000 | 15 |
| BB1 4 | £129,000 | 34 |
| BB1 6 | £170,000 | 4 |
| BB1 7 | £132,500 | 6 |
| BB1 8 | £195,000 | 34 |
| BB1 9 | £215,000 | 53 |
Zoom out to the full BB1 district report for the type split, monthly volumes and how BB1 compares with its neighbours.
Selling a home in BB1 5? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at BB1 5's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Estate agents working BB1 5: the featured spot on this report is free for founding agents, one per district. Claim BB1 5.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to BB1 5. Free after a one click sign in.
Two maps carry on from here: every BB1 5 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.