£61,344
This estimated value is based upon the latest sale price for the house of £18,500 on 24 Aug 2001. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £18,500 | 24 Aug 2001 |
| £25,995 | 15 Sep 2000 |
| £14,000 | 18 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 August 2001 the House Price Index for BLACKBURN WITH DARWEN was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £18,500 results in an estimated price of approximately £61,344.
| 24 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £18,500 | £42,844 | £61,344 |
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 | 203.693 % | £37,683 | £56,183 |
| 3 Month Average | 177.642 % | £32,863 | £51,363 |
| 6 Month Average | 196.984 % | £36,441 | £54,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £103,816 | £102,000 | 20 ANYON STREET |
| 23 Aug 2023 | £73,140 | £72,500 | 27 SANDON STREET |
| 16 Aug 2023 | £83,733 | £83,000 | 24 ATLAS ROAD |
| 8 Aug 2023 | £64,565 | £64,000 | 241 - 243 OLIVE LANE |
| 9 Mar 2023 | £136,284 | £135,000 | 49 ANYON STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 18 Aug 2017. Using an estimated price of £61,345 means this house is valued at £721 per sq meter (£67 per sq foot).
The average size of a house on OLIVE LANE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Two Gates Drive |
| Mar 2024 | Anti-social behaviour | On or near Two Gates Drive | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Two Gates Drive |
| Mar 2024 | Anti-social behaviour | On or near Two Gates Drive | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Two Gates Drive |