£88,447
This estimated value is based upon the latest sale price for the house of £65,000 on 31 Mar 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 |
---|---|
£65,000 | 31 Mar 2016 |
£55,000 | 13 Feb 2004 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 March 2016 the House Price Index for BLACKBURN WITH DARWEN was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £65,000 results in an estimated price of approximately £88,447.
31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £65,000 | £23,447 | £88,447 |
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 | 37.573 % | £24,422 | £89,422 |
3 Month Average | 59.655 % | £38,775 | £103,775 |
6 Month Average | 43.611 % | £28,346 | £93,346 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Mar 2023 | £90,003 | £88,500 | 35 ST CLEMENT STREET |
15 Jul 2022 | £131,316 | £130,000 | 12 CHERRY CLOSE |
12 Feb 2021 | £131,516 | £115,000 | 95 CHERRY STREET |
23 Jan 2020 | £103,214 | £84,000 | 125 CHERRY STREET |
2 Jan 2020 | £1,658,803 | £1,350,000 | FURTHERGATE WORKS ST CLEMENT STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 10 Sep 2013. Using an estimated price of £88,448 means this house is valued at £1,052 per sq meter (£97 per sq foot).
The average size of a house on CHERRY CLOSE is 107 sq meters (1,161 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Cherry Close | |
Oct 2024 | Anti-social behaviour | On or near Cherry Close | |
Oct 2024 | Anti-social behaviour | On or near Cherry Close | |
Aug 2024 | Anti-social behaviour | On or near Cherry Close | |
Aug 2024 | Anti-social behaviour | On or near Cherry Close |