# OL13 8BT Area Summary
The OL13 8BT postcode falls within Bacup, a former mill town in the Rossendale borough of Lancashire. This area represents one of the most affordable property markets in the UK, with an average property price of £98,249 based on 58 properties – significantly below both regional and national averages. This pricing reflects the area's historical industrial heritage and its location in a traditional working-class community that has undergone economic transition since the decline of the textile industry.
The remarkably low average price point makes OL13 8BT particularly attractive to first-time buyers, investors seeking rental yields, and those looking to access the property ladder in the North West. Properties in this postcode typically consist of Victorian and Edwardian terraced houses, which were originally built to accommodate mill workers. Whilst the area faces challenges common to post-industrial towns, the affordability factor remains its strongest selling point, offering opportunities for those willing to invest in an area with authentic Lancashire character and convenient access to the wider Rossendale Valley and nearby towns such as Rochdale and Rawtenstall.
The average house price in OL13 8BT, Bacup is £98,249. Prices range from £25,000 to £255,000.
There are 58 properties in OL13 8BT, Bacup.
OL13 8BT contains 33 semi-detached properties, 21 detached properties, 4 terraced properties.
Average house prices in OL13 8BT have risen by 376.4% from £51,950 in 1995 to £247,500 in 2024.
OL13 8BT is located in Bacup, Lancashire, England.