£491,240
This estimated value is based upon the latest sale price for the house of £285,000 on 1 Dec 2011. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£285,000 | 1 Dec 2011 |
£118,000 | 4 Nov 1998 |
Detached |
Freehold |
Floor Area: 158 sq meters or 1,709 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 2011 the House Price Index for BLACKBURN WITH DARWEN was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £285,000 results in an estimated price of approximately £491,240.
1 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.365 % | £285,000 | £206,240 | £491,240 |
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 | 41.583 % | £118,512 | £403,512 |
3 Month Average | 30.365 % | £86,538 | £371,538 |
6 Month Average | 30.033 % | £85,594 | £370,594 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £239,694 | £235,500 | 12 CUMBERLAND CLOSE |
4 Sep 2023 | £240,576 | £237,500 | 16 CUMBERLAND CLOSE |
28 Jul 2023 | £182,456 | £180,000 | 21 SPRING VALE GARDEN VILLAGE |
15 Jun 2023 | £124,002 | £122,500 | 8 TUNNEL STREET |
20 Apr 2023 | £136,469 | £135,000 | 20 TUNNEL STREET |
This house has a floor area of 158 sq meters or 1,709 sq feet when measured on 21 Oct 2011. Using an estimated price of £491,240 means this house is valued at £3,092 per sq meter (£287 per sq foot).
The average size of a house on MARTIN DRIVE is 144 sq meters (1,552 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Unable to prosecute suspect | On or near Martin Drive |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tunnel Street |
Mar 2024 | Violence and sexual offences | Local resolution | On or near Spring Vale Garden Village |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lower Barn Street |
Jan 2024 | Anti-social behaviour | On or near Northumberland Close |