£447,608
This estimated value is based upon the latest sale price for the house of £390,000 on 14 Dec 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 |
|---|---|
| £390,000 | 14 Dec 2020 |
| £149,950 | 17 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 177 sq meters or 1,905 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 December 2020 the House Price Index for BLACKBURN WITH DARWEN was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £390,000 results in an estimated price of approximately £447,608.
| 14 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £390,000 | £57,608 | £447,608 |
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 | -0.692 % | £-2,699 | £387,300 |
| 3 Month Average | 0.512 % | £1,998 | £391,998 |
| 6 Month Average | 2.549 % | £9,939 | £399,939 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £86,277 | £85,000 | 56 STONE HILL DRIVE |
| 9 Nov 2023 | £72,067 | £71,000 | 53 STONE HILL DRIVE |
| 2 Nov 2023 | £44,154 | £43,500 | 7 STONE HILL DRIVE |
| 10 Feb 2023 | £144,902 | £145,000 | 35 STONE HILL DRIVE |
| 3 Sep 2021 | £53,880 | £50,000 | 57 STONE HILL DRIVE |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 19 May 2018. Using an estimated price of £447,608 means this house is valued at £2,528 per sq meter (£234 per sq foot).
The average size of a house on BANK HEY LANE SOUTH is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Bank Hey Close | |
| Jan 2024 | Anti-social behaviour | On or near Bank Hey Close | |
| Jan 2024 | Anti-social behaviour | On or near Bank Hey Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oakwood Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakwood Avenue |