£111,223
This estimated value is based upon the latest sale price for the house of £24,000 on 16 Nov 1998. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£24,000 | 16 Nov 1998 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 1998 the House Price Index for BLACKBURN WITH DARWEN was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £24,000 results in an estimated price of approximately £111,223.
16 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 148.6 | 363.431 % | £24,000 | £87,223 | £111,223 |
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 | 267.914 % | £64,299 | £88,299 |
3 Month Average | 278.158 % | £66,757 | £90,757 |
6 Month Average | 281.633 % | £67,592 | £91,592 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £147,179 | £145,000 | 17 BETHEL ROAD |
25 Aug 2023 | £88,272 | £87,500 | 82 BEARDSWORTH STREET |
7 Jul 2022 | £83,224 | £83,000 | 9 BEARDSWORTH STREET |
9 Feb 2022 | £104,869 | £100,000 | 13 BETHEL ROAD |
17 Dec 2021 | £96,424 | £90,000 | 54 BEARDSWORTH STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 22 May 2015. Using an estimated price of £111,223 means this house is valued at £1,503 per sq meter (£139 per sq foot).
The average size of a house on BETHEL ROAD is 94 sq meters (1,019 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bethel Road |