BB1 1BZ is a residential postcode situated on Merchants Landing, Blackburn, BB1 with 9 addresses.
It ranks as the 307th largest and 124th most expensive of the 1,181 postcodes in the BB1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 9 properties: 9 flats.
BB1 1BZ is a residential postcode situated on Merchants Landing, Blackburn, BB1 with 9 addresses.
It ranks as the 307th largest and 124th most expensive of the 1,181 postcodes in the BB1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 9 properties: 9 flats.
Sale prices range from £74,854 for 1 bedroom leasehold flats (441 ft2) to £85,612 for 2 bedroom leasehold flats (592 ft2) .
Monthly rental prices range from £683 pcm for 1 bed flats to £751 pcm for 2 bed flats.
The gross rental yield is between 10.5% and 11.0%.
The average value per square foot is £155.
The last sale in BB1 1BZ sold for £72,500 on 28th April 2023. Since then prices are up an average of 7.2%.
The current average value in the postcode is £82,000.
The BB1 1BZ Sales Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.6% | £82,000 |
| April 2025 | 0.3% | £81,526 |
| April 2024 | 6.3% | £81,319 |
| April 2023 | 1.8% | £76,464 |
| April 2022 | 8.3% | £75,130 |
| April 2021 | 4.5% | £69,383 |
| April 2020 | 0.9% | £66,380 |
| April 2019 | 1.4% | £65,815 |
| April 2018 | 4.9% | £64,917 |
| April 2017 | 1.5% | £61,863 |
| April 2016 | -1.7% | £60,963 |
| April 2015 | 2.3% | £62,032 |
| April 2014 | 0.5% | £60,617 |
| April 2013 | -3.3% | £60,333 |
| April 2012 | -1.6% | £62,363 |
| April 2011 | -2.7% | £63,352 |
| April 2010 | -2.6% | £65,081 |
| April 2009 | -13.7% | £66,850 |
| April 2008 | -3.8% | £77,488 |
| April 2007 | 0% | £80,553 |
The current average rental value in the postcode is £736.
The BB1 1BZ Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £736pcm |
| April 2025 | 5.5% | £717pcm |
| April 2024 | 10.3% | £680pcm |
| April 2023 | 6.5% | £616pcm |
| April 2022 | 7.5% | £579pcm |
| April 2021 | 5.1% | £538pcm |
| April 2020 | 1.4% | £512pcm |
| April 2019 | 0% | £505pcm |
| April 2018 | 0.4% | £505pcm |
| April 2017 | -0.7% | £503pcm |
| April 2016 | -0.6% | £506pcm |
| April 2015 | 1.9% | £509pcm |
| April 2014 | -2% | £499pcm |
| April 2013 | -1.1% | £510pcm |
| April 2012 | -1.2% | £515pcm |
| April 2011 | 1.9% | £521pcm |
| April 2010 | -3.9% | £512pcm |
| April 2009 | -6.1% | £533pcm |
| April 2008 | 1.7% | £568pcm |
| April 2007 | 0% | £558pcm |
The last sale was on 28th April 2023 for £72,500 and since then the market in the area has increased by 7.2%. The postcode has had a total of 16 sales since 1995.
BB1 1BZ has seen 1 sale in the last three years and no sales in the last twelve months.
BB1 1BZ is the 307th largest and the 124th most expensive postcode out of the 1,181 postcodes in the BB1 area.
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The closest station to BB1 1BZ is Blackburn station which is 400 metres away.
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