£108,772
This estimated value is based upon the latest sale price for the house of £65,000 on 3 May 2013. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £65,000 | 3 May 2013 |
| £69,995 | 26 Mar 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 555 sq feet |
This model uses changes in the Official Land Registry House Price Index for BLACKBURN WITH DARWEN to estimate the market value.
When this house was purchased in May 2013 the House Price Index for BLACKBURN WITH DARWEN was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £65,000 results in an estimated price of approximately £108,772.
| 3 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £65,000 | £43,772 | £108,772 |
The Postcode Pricing Model uses changes in average sales price within the BB3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 30.321 % | £19,708 | £84,708 |
| 3 Month Average | 25.103 % | £16,317 | £81,317 |
| 6 Month Average | 30.729 % | £19,973 | £84,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £78,050 | £77,000 | 31 FITZGERALD DRIVE |
| 16 Jun 2023 | £75,869 | £74,950 | 9 DEARDEN COURT |
| 19 Jan 2023 | £159,250 | £160,000 | 5 BENNETT WALK |
| 22 Aug 2022 | £74,799 | £75,000 | 6 PAINTER COURT |
| 28 Jun 2022 | £74,046 | £73,000 | 7 PAINTER COURT |
This house has a floor area of 51 sq meters or 555 sq feet when measured on 4 Sep 2009. Using an estimated price of £108,773 means this house is valued at £2,108 per sq meter (£195 per sq foot).
The average size of a house on PAINTER COURT is 58 sq meters (629 sq feet).