£72,667
This estimated value is based upon the latest sale price for the house of £60,750 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £60,750 | 25 Sep 2020 |
| £28,500 | 9 May 2014 |
| 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 September 2020 the House Price Index for BLACKBURN WITH DARWEN was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £60,750 results in an estimated price of approximately £72,667.
| 25 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £60,750 | £11,917 | £72,667 |
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 | -14.942 % | £-9,077 | £51,672 |
| 3 Month Average | 23.617 % | £14,347 | £75,097 |
| 6 Month Average | 10.933 % | £6,641 | £67,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £97,474 | £95,000 | 476 BLACKBURN ROAD |
| 9 Jun 2023 | £137,761 | £135,000 | 484 BLACKBURN ROAD |
| 17 Feb 2023 | £61,410 | £61,000 | 481 BLACKBURN ROAD |
| 21 Oct 2022 | £59,800 | £60,000 | 497 BLACKBURN ROAD |
| 10 Aug 2022 | £93,437 | £93,000 | 499 BLACKBURN ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 18 Aug 2014. Using an estimated price of £72,667 means this house is valued at £956 per sq meter (£88 per sq foot).
The average size of a house on BLACKBURN ROAD is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near M65 |
| Jul 2024 | Shoplifting | Under investigation | On or near M65 |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near M65 |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near M65 |
| Jul 2024 | Shoplifting | Under investigation | On or near M65 |