£205,739
This estimated value is based upon the latest sale price for the house of £112,500 on 5 Dec 2008. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £112,500 | 5 Dec 2008 |
| £83,000 | 17 Jun 2003 |
| £46,500 | 4 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,229 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 December 2008 the House Price Index for BLACKBURN WITH DARWEN was 81.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.879%.Applying this 82.879% change to the original purchase price of £112,500 results in an estimated price of approximately £205,739.
| 5 Dec 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 149.7 | 82.879 % | £112,500 | £93,239 | £205,739 |
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 | -6.290 % | £-7,076 | £105,423 |
| 3 Month Average | 40.652 % | £45,733 | £158,233 |
| 6 Month Average | 20.899 % | £23,510 | £136,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £75,000 | £75,000 | 6 TUNNEL STREET |
| 26 Apr 2024 | £191,664 | £190,000 | 72 SPRING VALE GARDEN VILLAGE |
| 5 Apr 2024 | £136,183 | £135,000 | 54 SPRING VALE GARDEN VILLAGE |
| 15 Dec 2023 | £108,329 | £105,000 | 9 GREENFIELD STREET |
| 8 Dec 2023 | £159,914 | £155,000 | 58 SPRING VALE GARDEN VILLAGE |
This house has a floor area of 114 sq meters or 1,229 sq feet when measured on 19 Nov 2008. Using an estimated price of £205,739 means this house is valued at £1,800 per sq meter (£167 per sq foot).
The average size of a house on SPRING VALE GARDEN VILLAGE is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Tunnel Street | |
| Jul 2024 | Vehicle crime | Under investigation | On or near Tunnel Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tunnel Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tunnel Street |
| May 2024 | Anti-social behaviour | On or near Lower Barn Street |