Blackburn Property Market: House Prices, Sold Data & Development Finance, End of H1 2026

East Lancashire town with Cathedral Quarter regeneration and Northgate redevelopment

The Blackburn property market recorded 1,559 residential sales over the past 12 months, with a median sale price of £147,000. This places Blackburn £14k below the Lancashire county median of £160,500, and £138k below the UK national median of £285,000.

Prices in Blackburn have shown a notable decline, with a year-on-year change of -12.5%. Within Lancashire, Blackburn ranks 5th by price out of 8 principal towns, and 4th by transaction volume.

Blackburn median prices have moved from £170,000 in Q1 2025 to £150,000 in Q2 2026, a change of -11.8% over 5 quarters.

Property prices in Blackburn vary significantly by type. The table below compares Blackburn prices with Lancashire county averages and UK national figures.

Detached homes in Blackburn command £305,000, while flat properties are most accessible at £87,690. The £217k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

Blackburn recorded 36 new-build transactions in the past 12 months, representing 2.3% of total sales. This indicates meaningful developer activity and proven buyer demand for new homes in the area.

New-build properties in Blackburn traded at a premium of 116.5% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.

Across the wider Lancashire market, 107 new-build completions were recorded — see our Lancashire property market report for the full county picture.

The following table shows the most recent property transactions recorded in Blackburn, providing real-time evidence of achieved prices for buyers, sellers, and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £55,000 to £399,950 illustrates the breadth of the Blackburn market.

For developers considering Blackburn, the local market data translates directly into finance structuring. With a median value of £147,000 and detached homes at £305,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a Blackburn scheme with a GDV of £305,000 would attract senior debt of approximately £198,250 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

While prices have softened 12.5% year-on-year, experienced developers can still generate strong returns in Blackburn by targeting well-located sites with clear demand drivers.

Ready to develop in Blackburn? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

To put Blackburn's market in context, the table below compares it with similarly-priced towns across Lancashire:

For the full Lancashire town-by-town breakdown, see our comprehensive Lancashire property market report.