£234,958
This estimated value is based upon the latest sale price for the house of £169,950 on 6 Jan 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 |
|---|---|
| £169,950 | 6 Jan 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 113 sq meters or 1,216 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 January 2016 the House Price Index for BLACKBURN WITH DARWEN was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £169,950 results in an estimated price of approximately £234,958.
| 6 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £169,950 | £65,008 | £234,958 |
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 | 21.459 % | £36,468 | £206,418 |
| 3 Month Average | 33.971 % | £57,733 | £227,683 |
| 6 Month Average | 23.020 % | £39,122 | £209,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £142,375 | £138,000 | 4 WATERFIELD AVENUE |
| 10 Nov 2023 | £153,907 | £150,000 | 4 ELLIOTT AVENUE |
| 23 Oct 2023 | £122,789 | £120,000 | 52 KNOWLESLY ROAD |
| 4 Feb 2023 | £161,076 | £160,000 | 15 CROSBY CLOSE |
| 17 Jan 2023 | £195,522 | £195,000 | 9 DERBY CLOSE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 8 Jul 2016. Using an estimated price of £234,958 means this house is valued at £2,079 per sq meter (£193 per sq foot).
There is one other house on the street which we know the size of, this is 14 DERBY CLOSE it is 116.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Derby Close | |
| May 2024 | Anti-social behaviour | On or near Derby Close | |
| May 2024 | Anti-social behaviour | On or near Derby Close | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ainsdale Drive |