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2 New Chapel Street is a residential building situated on New Chapel Street, Blackburn, BB2 with 3 addresses.
It ranks as the 267th largest and 161st most expensive of the 426 buildings in the BB2 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 3 properties: 3 flats.
2 New Chapel Street is a residential building situated on New Chapel Street, Blackburn, BB2 with 3 addresses.
It ranks as the 267th largest and 161st most expensive of the 426 buildings in the BB2 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 3 properties: 3 flats.
Sale prices range from £59,354 for 2 bedroom leasehold flats (484 ft2) to £134,294 for 3 bedroom freehold houses with a garden (839 ft2) .
Monthly rental prices range from £563 pcm for 2 bed flats to £929 pcm for 3 bed houses.
The gross rental yield is between 8.3% and 11.4%.
The average value per square foot is £123.
The last sale in 2 New Chapel Street sold for £60,000 on 14th May 2007. Since then prices are up an average of 9.6%.
The current average value in the building is £85,226.
The 2 New Chapel Street Sales Market has increased by 44.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.2% | £85,226 |
| May 2025 | 0.7% | £85,022 |
| May 2024 | 7.6% | £84,453 |
| May 2023 | 2.3% | £78,516 |
| May 2022 | 10.2% | £76,780 |
| May 2021 | 7% | £69,660 |
| May 2020 | -1.6% | £65,113 |
| May 2019 | 3.4% | £66,143 |
| May 2018 | 5.1% | £63,982 |
| May 2017 | 3.2% | £60,854 |
| May 2016 | -1.6% | £58,990 |
| May 2015 | 2.7% | £59,929 |
| May 2014 | 0.8% | £58,353 |
| May 2013 | -1.5% | £57,907 |
| May 2012 | -2.1% | £58,809 |
| May 2011 | -4% | £60,067 |
| May 2010 | 0.7% | £62,560 |
| May 2009 | -13.6% | £62,155 |
| May 2008 | -3.4% | £71,959 |
| May 2007 | 0% | £74,512 |
The current average rental value in the building is £688.
The 2 New Chapel Street Rental Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3% | £688pcm |
| May 2025 | 7.5% | £668pcm |
| May 2024 | 10% | £622pcm |
| May 2023 | 7.2% | £565pcm |
| May 2022 | 9.2% | £527pcm |
| May 2021 | 6.9% | £482pcm |
| May 2020 | 2.2% | £451pcm |
| May 2019 | 0.6% | £442pcm |
| May 2018 | 0.7% | £439pcm |
| May 2017 | -0.6% | £436pcm |
| May 2016 | 1.1% | £438pcm |
| May 2015 | 2% | £434pcm |
| May 2014 | -1% | £425pcm |
| May 2013 | -1.1% | £429pcm |
| May 2012 | -1.1% | £434pcm |
| May 2011 | 1.6% | £439pcm |
| May 2010 | -0.6% | £432pcm |
| May 2009 | -6.7% | £435pcm |
| May 2008 | 3.1% | £466pcm |
| May 2007 | 0% | £452pcm |
The last sale was on 14th May 2007 for £60,000 and since then the market in the area has increased by 9.6%. The building has had a total of 6 sales since 1995.
2, New Chapel Street, Blackburn, BB2 2RD has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 2, New Chapel Street, Blackburn, BB2 2RD is Mill Hill (Lancs) station which is 100 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, New Chapel Street, Blackburn, BB2 2RD, 55.8% of property is privately rented and 18.8% is socially rented.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, New Chapel Street, Blackburn, BB2 2RD, 22.4% of residents are recorded as possessing school level qualifications and 29.5% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, New Chapel Street, Blackburn, BB2 2RD, the average age was 36 and the most common age was 32.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, New Chapel Street, Blackburn, BB2 2RD, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, New Chapel Street, Blackburn, BB2 2RD, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.