Area Guide For Accrington

Accrington is a town in Lancashire, within the borough of Hyndburn. It lies about 4 miles (6 km) east of Blackburn, 6 miles (10 km) west of Burnley, 20 miles (32 km) north of Manchester city centre and is situated on the mostly culverted River Hyndburn. The town has a population of 35,203 according to the 2001 census and the urban area has a population of over 70,000. The town is a former centre of the cotton and textile machinery industries. The town is famed for manufacturing the hardest and densest building bricks in the world, "The Accrington NORI" (iron), which were used in the construction of the Empire State Building and for the foundations of Blackpool Tower; famous for its football team and for having Europe's largest collection of Tiffany Glass. Accrington is commonly abbreviated by locals to "Accy". The name Accrington appears to be Anglo-Saxon in origin. Its derivation is uncertain. In the records it variously appears as Akarinton in 1194; Akerunton, Akerinton and Akerynton in 1258; Acrinton in 1292; Ackryngton in 1311 and Acryngton in 1324. The name may mean acorn farmstead from Anglo-Saxon cern meaning acorn and tun meaning farmstead or village. The southern part of


Accrington Map

Estimated Price: £108,363
Average Asking Price: £125,833
Price change in last one year: £8,586
Average Price Paid: £95,123
Average Rent Rates: £505


Property Prices Breakdown in Accrington

Average Price for property in Accrington is around £108,363 which varies based on type of property you are interested in and ranges from £196,603 for detached house to around £131,401 for semi-detached. Similarly terraced house is around £79,110 and a flat is worth £85,399. Values have been changing and have risen £1,925 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,985 in last 6 months, £8,586 in last 1 year, £13,661 in last 2 years, £8,224 in last 3 years, £5,662 in last 4 years and £6,261 in last 5 years.

Currently average asking price of a property in Accrington is around £125,833 based on approximately 643 properties for sale. Same is the case with rental options based on 256 properties up for rent, average asking rent is around £505 per month.

Estimated property value in Accrington is £108,363. Average asking price is £125,833 while average price paid is £93,675 which is up by £8,586 and Avg. asking rent £505.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Accrington area. In last 1 year alone average price buyer paid is around £93,675 based on approximately 643 sales in Accrington area alone. If you compare it to last 3 years sales of 1,935 properties where buyers paid around £94,798. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £95,123 for 3,155 and average amount paid for purchase of approx. 4,490 properties sold in last 7 years comes to about £97,083 per sale.


Properties For Sale in Accrington


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £39,967, £82,702 for a 2 bedroom house, £126,796 for a 3 bedroom house, £205,464 for a 4 bedroom house and £399,985 for a 5 bedroom house. For a flat similarly the prices varies from £54,975 for a single bedroom to £79,481 for a 2 bedroom Flat. To sum up the asking prices for properties in Accrington it comes to around average £45,970 for 1 bedroom property, £82,616 for 2 bedroom, £126,796 for 3 bedroom, £205,464 for 4 bedroom and £399,985 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £393 for 1 bedroom to £399 for 2 bedrooms, £478 for 3 bedrooms, £664 for 4 bedrooms and £897 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £374. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £424 and £516 for 3 bedroom. You should be generally be expecting around average £382 rent per month for single bedroom property, £402 for 2 bedroom, £480 for 3 bedroom, £664 for 4 bedroom and approximately £897 for a 5 bedroom property in Accrington area.

Popular Houses in Accrington

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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