£40,363
This estimated value is based upon the latest sale price for the house of £30,000 on 14 Jun 2016. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £30,000 | 14 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 June 2016 the House Price Index for BLACKBURN WITH DARWEN was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £30,000 results in an estimated price of approximately £40,363.
| 14 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £30,000 | £10,363 | £40,363 |
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 | -16.956 % | £-5,086 | £24,913 |
| 3 Month Average | 49.760 % | £14,927 | £44,927 |
| 6 Month Average | 34.092 % | £10,227 | £40,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £63,048 | £62,500 | 173 OLIVE LANE |
| 20 Mar 2024 | £126,950 | £125,000 | 8 LONDON TERRACE |
| 24 Oct 2023 | £102,324 | £100,000 | 108 OLIVE LANE |
| 18 Sep 2023 | £65,443 | £64,000 | 2 LONDON TERRACE |
| 30 Jun 2023 | £81,636 | £80,000 | 22 PERRY STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 6 Oct 2017. Using an estimated price of £40,363 means this house is valued at £384 per sq meter (£35 per sq foot).
The average size of a house on PERRY STREET is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Perry Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Perry Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Perry Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Terrace |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near London Terrace |