Blackburn Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition

Blackburn: East Lancashire town with Cathedral Quarter regeneration and Northgate redevelopment.

The Blackburn property market recorded 2,252 residential sales in the 12 months to 31 May 2026, with a median sale price of £155,000. This places Blackburn £11k below the Lancashire county median of £165,875, and £130k below the approximate UK median of £285,000.

Prices in Blackburn have recorded a notable decline, a year-on-year change of -6.1%. Within Lancashire, Blackburn ranks 5th by price out of 8 principal towns, and 3rd by transaction volume.

On a quarterly view, Blackburn median prices moved from £172,500 in Q4 2024 to £140,500 in Q1 2026, a change of -18.6% over 5 quarters. Blackburn has now recorded 2 consecutive quarters of price falls.

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 £306,000, while flat properties are most accessible at £88,500. The £218k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

HM Land Registry has so far registered 162 new-build sales in Blackburn for the past 12 months, 7.2% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

On those registered sales, new builds in Blackburn sold at a premium of 94.3% to existing stock.

Across the wider Lancashire market, 480 new-build sales have registered so far. See our Lancashire property market report for the full county picture.

The table below shows the most recently registered residential sales in Blackburn, 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 £60,000 to £310,000 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 £155,000 and detached homes at £306,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Blackburn with a GDV of £306,000 would attract senior debt of approximately £198,900 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 6.1% 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.