£297,628
This estimated value is based upon the latest sale price for the house of £220,000 on 30 May 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 |
|---|---|
| £220,000 | 30 May 2016 |
| £195,000 | 21 Jun 2004 |
| £150,000 | 9 Sep 2003 |
| Detached |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 2016 the House Price Index for BLACKBURN WITH DARWEN was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £220,000 results in an estimated price of approximately £297,628.
| 30 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £220,000 | £77,628 | £297,628 |
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 | -2.588 % | £-5,693 | £214,306 |
| 3 Month Average | 28.378 % | £62,431 | £282,431 |
| 6 Month Average | 22.536 % | £49,579 | £269,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £90,790 | £88,000 | 41 PANKHURST CLOSE |
| 24 Apr 2023 | £88,658 | £87,000 | 7 PANKHURST CLOSE |
| 27 Mar 2023 | £305,095 | £300,000 | 1 CAVELL CLOSE |
| 27 Mar 2023 | £274,586 | £270,000 | 7 SEACOLE CLOSE |
| 10 Mar 2023 | £344,096 | £338,350 | 15 CAVELL CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 11 Jun 2014. Using an estimated price of £297,628 means this house is valued at £3,100 per sq meter (£288 per sq foot).
The average size of a house on SEACOLE CLOSE is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Seacole Close |
| Apr 2024 | Other theft | Local resolution | On or near Seacole Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beale Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Besant Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Besant Close |