£85,592
This estimated value is based upon the latest sale price for the house of £68,000 on 15 Feb 2018. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£68,000 | 15 Feb 2018 |
£95,000 | 23 Nov 2007 |
Terraced |
Freehold |
Floor Area: 177 sq meters or 1,905 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 February 2018 the House Price Index for BLACKBURN WITH DARWEN was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £68,000 results in an estimated price of approximately £85,592.
15 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £68,000 | £17,592 | £85,592 |
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 | -13.168 % | £-8,954 | £59,045 |
3 Month Average | 28.921 % | £19,666 | £87,666 |
6 Month Average | 20.469 % | £13,919 | £81,919 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £58,397 | £57,500 | 8 HIGHFIELD STREET |
21 Dec 2023 | £62,934 | £61,000 | 81 REDEARTH ROAD |
8 Dec 2023 | £80,473 | £78,000 | 17 PINE STREET |
16 Oct 2023 | £133,021 | £130,000 | 110 REDEARTH ROAD |
6 Oct 2023 | £125,859 | £123,000 | 105 REDEARTH ROAD |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 11 Aug 2016. Using an estimated price of £85,592 means this house is valued at £483 per sq meter (£44 per sq foot).
The average size of a house on REDEARTH ROAD is 108 sq meters (1,170 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Drugs | Unable to prosecute suspect | On or near Gadfield Street |
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Gadfield Street |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gadfield Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gadfield Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gadfield Street |