£71,113
This estimated value is based upon the latest sale price for the house of £27,500 on 8 Nov 2002. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £27,500 | 8 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 847 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 November 2002 the House Price Index for BLACKBURN WITH DARWEN was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £27,500 results in an estimated price of approximately £71,113.
| 8 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £27,500 | £43,613 | £71,113 |
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 | 97.181 % | £26,724 | £54,224 |
| 3 Month Average | 183.770 % | £50,536 | £78,036 |
| 6 Month Average | 161.710 % | £44,470 | £71,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £89,881 | £88,500 | 49 DOVE LANE |
| 17 Oct 2023 | £15,349 | £15,000 | DOVE MILL DOVE LANE |
| 22 Sep 2023 | £69,533 | £68,000 | 2 BROUGHTON STREET |
| 30 Mar 2023 | £124,581 | £122,500 | 65 DOVE LANE |
| 21 Mar 2023 | £59,494 | £58,500 | 45 HEYS LANE |
This house has a floor area of 78 sq meters or 847 sq feet when measured on 7 Jan 2009. Using an estimated price of £71,114 means this house is valued at £903 per sq meter (£83 per sq foot).
The average size of a house on HEYS LANE is 75 sq meters (814 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dobson Street |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Frances Street |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Frances Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frances Street |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Nelson Street |