BB2 7LU is a residential postcode situated on Proctor Fold, Osbaldeston, Blackburn, BB2 with 3 addresses.
It ranks as the 114th largest and 1251st most expensive of the 1,264 postcodes in the BB2 area.
The postcode contains a total of 3 properties: 3 houses.
BB2 7LU is a residential postcode situated on Proctor Fold, Osbaldeston, Blackburn, BB2 with 3 addresses.
It ranks as the 114th largest and 1251st most expensive of the 1,264 postcodes in the BB2 area.
The postcode contains a total of 3 properties: 3 houses.
Sale prices range from £569,481 for 4 bedroom freehold houses with a garden (1,496 ft2) to £809,763 for 5 bedroom freehold houses with a garden (2,679 ft2) .
Monthly rental prices range from £2,617 pcm for 4 bed houses to £3,823 pcm for 5 bed houses.
The gross rental yield is between 5.5% and 5.7%.
The average value per square foot is £354.
The last sale in BB2 7LU sold for £295,000 on 20th December 2017. Since then prices are up an average of 33.1%.
The current average value in the postcode is £683,894.
The BB2 7LU Sales Market has increased by 40.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.7% | £683,894 |
| May 2025 | 1.7% | £688,698 |
| May 2024 | 2.5% | £676,964 |
| May 2023 | 3.4% | £660,312 |
| May 2022 | 9.6% | £638,474 |
| May 2021 | 6.5% | £582,714 |
| May 2020 | 2.7% | £547,251 |
| May 2019 | 1.3% | £533,051 |
| May 2018 | 5.4% | £526,157 |
| May 2017 | 2.2% | £499,091 |
| May 2016 | 1.2% | £488,496 |
| May 2015 | 3.4% | £482,919 |
| May 2014 | 2.2% | £467,176 |
| May 2013 | -0.5% | £456,915 |
| May 2012 | -2.2% | £459,358 |
| May 2011 | 0.1% | £469,836 |
| May 2010 | 5.1% | £469,193 |
| May 2009 | -8.8% | £446,241 |
| May 2008 | -4.5% | £489,539 |
| May 2007 | 0% | £512,831 |
The current average rental value in the postcode is £3,205.
The BB2 7LU Rental Market has increased by 54.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.6% | £3,205pcm |
| May 2025 | 5.9% | £3,153pcm |
| May 2024 | 8.3% | £2,977pcm |
| May 2023 | 8.8% | £2,750pcm |
| May 2022 | 8.2% | £2,527pcm |
| May 2021 | 6.6% | £2,335pcm |
| May 2020 | 2.1% | £2,190pcm |
| May 2019 | 1.1% | £2,144pcm |
| May 2018 | 2.2% | £2,120pcm |
| May 2017 | 0.1% | £2,075pcm |
| May 2016 | 2.1% | £2,073pcm |
| May 2015 | 3% | £2,031pcm |
| May 2014 | -0.1% | £1,972pcm |
| May 2013 | 1% | £1,974pcm |
| May 2012 | -0.5% | £1,954pcm |
| May 2011 | 3.8% | £1,963pcm |
| May 2010 | 3.9% | £1,892pcm |
| May 2009 | -1.7% | £1,822pcm |
| May 2008 | 0.8% | £1,853pcm |
| May 2007 | 0% | £1,838pcm |
The last sale was on 20th December 2017 for £295,000 and since then the market in the area has increased by 33.1%. The postcode has had a total of 2 sales since 1995.
BB2 7LU has seen no sales in the last three years and no sales in the last twelve months.
BB2 7LU is the 114th largest and the 1251st most expensive postcode out of the 1,264 postcodes in the BB2 area.
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The closest station to BB2 7LU is Ramsgreave & Wilpshire station which is 3.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around BB2 7LU, 52.0% of property is privately owned outright and 33.3% is privately owned with a mortgage.
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 BB2 7LU, 15.8% of residents are recorded as possessing school level qualifications and 42.1% 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 BB2 7LU, the average age was 47.6 and the most common age was 62.
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 BB2 7LU, 3.5% 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 BB2 7LU, there are an average of 2.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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