£115,856
This estimated value is based upon the latest sale price for the house of £59,000 on 23 Jul 2004. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £59,000 | 23 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 July 2004 the House Price Index for BLACKBURN WITH DARWEN was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £59,000 results in an estimated price of approximately £115,856.
| 23 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £59,000 | £56,856 | £115,856 |
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 | 87.172 % | £51,431 | £110,431 |
| 3 Month Average | 112.546 % | £66,401 | £125,401 |
| 6 Month Average | 124.343 % | £73,362 | £132,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £136,185 | £132,000 | 12 BROADFOLD AVENUE |
| 17 Apr 2023 | £50,953 | £50,000 | 23 ROBINSON STREET |
| 17 Apr 2023 | £50,953 | £50,000 | 21 ROBINSON STREET |
| 6 Mar 2023 | £85,427 | £84,000 | 338 WHALLEY OLD ROAD |
| 24 Feb 2023 | £201,345 | £200,000 | 9 ROBINSON STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 Jul 2018. Using an estimated price of £115,857 means this house is valued at £1,395 per sq meter (£129 per sq foot).
The average size of a house on BROADFOLD AVENUE is 111 sq meters (1,198 sq feet).