Area Guide For Rossendale

Rossendale is a district with borough status in Lancashire, meaning it is a non-member of metropolitan. It holds a number of former mills towns centred on the valley of the River Irwell In the Industrial North West. Rossendale combines the most common size urban development rural villages and is also immediately south of the more populated town of Burnley, Blackburn, north Bolton and many more. The population that was last recorded of Rossendale public was  65,652 residents. This is spread between towns such Haslingden, Bacup and Rawtenstall; the main villages included are Enfield, Helmshore, Waterfoot and many more. Rossendale is known to be twinned with the German town of Bocholt Located near to the Netherlands Border.


Rossendale Map

Estimated Price: £154,223
Average Asking Price: £202,896
Price change in last one year: £9,786
Average Price Paid: £137,455
Average Rent Rates: £715


Property Prices Breakdown in Rossendale

Average Price for property in Rossendale is around £154,223 which varies based on type of property you are interested in and ranges from £265,253 for detached house to around £153,963 for semi-detached. Similarly terraced house is around £99,643 and a flat is worth £136,791. Values have been changing and have risen £488 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,781 in last 6 months, £9,786 in last 1 year, £14,041 in last 2 years, £20,933 in last 3 years, £11,883 in last 4 years and £12,447 in last 5 years.

Currently average asking price of a property in Rossendale is around £202,896 based on approximately 497 properties for sale. Same is the case with rental options based on 83 properties up for rent, average asking rent is around £715 per month.

Estimated property value in Rossendale is £154,223. Average asking price is £202,896 while average price paid is £138,603 which is up by £9,786 and Avg. asking rent £715.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 Rossendale area. In last 1 year alone average price buyer paid is around £138,603 based on approximately 497 sales in Rossendale area alone. If you compare it to last 3 years sales of 1,347 properties where buyers paid around £137,223. 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 £137,455 for 2,142 and average amount paid for purchase of approx. 2,901 properties sold in last 7 years comes to about £137,971 per sale.


Properties For Sale in Rossendale


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 £63,150, £99,681 for a 2 bedroom house, £161,659 for a 3 bedroom house, £277,380 for a 4 bedroom house and £500,132 for a 5 bedroom house. For a flat similarly the prices varies from £72,543 for a single bedroom to £121,615 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £85,000. To sum up the asking prices for properties in Rossendale it comes to around average £68,208 for 1 bedroom property, £102,795 for 2 bedroom, £160,473 for 3 bedroom, £277,380 for 4 bedroom and £500,132 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 £325 for 1 bedroom to £438 for 2 bedrooms, £548 for 3 bedrooms, £847 for 4 bedrooms and £1,006 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £419. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £515, £399 for 3 bedroom and £494 for 4 bedroom. You should be generally be expecting around average £410 rent per month for single bedroom property, £462 for 2 bedroom, £538 for 3 bedroom, £807 for 4 bedroom and approximately £1,006 for a 5 bedroom property in Rossendale area.

Popular Houses in Rossendale

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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