£23,232
This estimated value is based upon the latest sale price for the house of £10,000 on 28 Jul 2003. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £10,000 | 28 Jul 2003 |
| Terraced |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 July 2003 the House Price Index for BLACKBURN WITH DARWEN was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £10,000 results in an estimated price of approximately £23,232.
| 28 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £10,000 | £13,232 | £23,232 |
The Postcode Pricing Model uses changes in average sales price within the BB1 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 | 136.388 % | £13,638 | £23,638 |
| 3 Month Average | 157.747 % | £15,774 | £25,774 |
| 6 Month Average | 174.462 % | £17,446 | £27,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2022 | £191,709 | £185,000 | 26 TROY STREET |
| 10 Nov 2021 | £189,265 | £175,000 | 14 CHESTNUT GARDENS |
| 18 Nov 2019 | £122,645 | £100,000 | 9 TROY STREET |
| 1 Mar 2019 | £111,185 | £90,000 | 5 PERCIVAL STREET |
| 7 Jun 2017 | £83,282 | £65,000 | 10 NORWICH STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 18 Dec 2013. Using an estimated price of £23,232 means this house is valued at £322 per sq meter (£29 per sq foot).
There is one other house on the street which we know the size of, this is 12 NORWICH STREET it is 109.0