£87,275
This estimated value is based upon the latest sale price for the house of £50,000 on 26 May 2006. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £50,000 | 26 May 2006 |
| £38,000 | 26 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 May 2006 the House Price Index for BLACKBURN WITH DARWEN was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £50,000 results in an estimated price of approximately £87,275.
| 26 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £50,000 | £37,275 | £87,275 |
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 | 40.432 % | £20,216 | £70,216 |
| 3 Month Average | 34.496 % | £17,248 | £67,248 |
| 6 Month Average | 44.522 % | £22,260 | £72,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £88,127 | £87,000 | 10 POWELL STREET |
| 10 Jul 2023 | £95,282 | £94,000 | 6 MARSH TERRACE |
| 12 Jan 2023 | £79,575 | £79,950 | 60 NEWTON STREET |
| 17 Nov 2022 | £98,803 | £100,000 | 81 RICHMOND TERRACE |
| 16 Nov 2022 | £52,366 | £53,000 | 7 MARSH TERRACE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 9 Sep 2013. Using an estimated price of £87,276 means this house is valued at £1,148 per sq meter (£106 per sq foot).
The average size of a house on MARSH TERRACE is 106 sq meters (1,147 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Marsh Terrace |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Marsh Terrace |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Marsh Terrace |