£176,993
This estimated value is based upon the latest sale price for the house of £95,000 on 14 May 2009. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
There has been one burglary within the last year on or near Cromwell Street
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| Price Paid | Date |
|---|---|
| £95,000 | 14 May 2009 |
| £105,000 | 11 Dec 2006 |
| £65,000 | 1 Nov 2005 |
| Terraced |
| 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 May 2009 the House Price Index for BLACKBURN WITH DARWEN was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £95,000 results in an estimated price of approximately £176,993.
| 14 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £95,000 | £81,993 | £176,993 |
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 | -12.879 % | £-12,235 | £82,764 |
| 3 Month Average | 41.208 % | £39,147 | £134,147 |
| 6 Month Average | 31.465 % | £29,891 | £124,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £66,000 | £66,000 | 66 WALTER STREET |
| 30 Oct 2023 | £54,232 | £53,000 | 84 AUDLEY RANGE |
| 18 Oct 2023 | £103,859 | £101,500 | 181 CHESTER CLOSE |
| 18 Jan 2022 | £111,321 | £105,000 | 44 WALTER STREET |
| 1 Nov 2021 | £92,609 | £85,000 | 55 WALTER STREET |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 5 Aug 2016. Using an estimated price of £176,994 means this house is valued at £1,566 per sq meter (£145 per sq foot).
The average size of a house on CROMWELL STREET is 141 sq meters (1,520 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Under investigation | On or near Cromwell Street |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cromwell Street |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromwell Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Dewhurst Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Dewhurst Street |