£129,738
This estimated value is based upon the latest sale price for the house of £75,000 on 25 Feb 2011. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £75,000 | 25 Feb 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 February 2011 the House Price Index for BLACKBURN WITH DARWEN was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.985%.Applying this 72.985% change to the original purchase price of £75,000 results in an estimated price of approximately £129,738.
| 25 Feb 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 72.985 % | £75,000 | £54,738 | £129,738 |
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 | 52.171 % | £39,128 | £114,128 |
| 3 Month Average | 67.077 % | £50,307 | £125,307 |
| 6 Month Average | 66.449 % | £49,836 | £124,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £66,029 | £64,000 | 3 MARGARET STREET |
| 30 Nov 2023 | £151,855 | £148,000 | 14 SHADSWORTH ROAD |
| 31 Oct 2023 | £129,951 | £127,000 | 12 MARGARET STREET |
| 18 Nov 2022 | £71,665 | £72,000 | 15 MARGARET STREET |
| 25 May 2022 | £297,757 | £290,000 | 7 KINGSMEAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 3 Nov 2016. Using an estimated price of £129,739 means this house is valued at £1,491 per sq meter (£138 per sq foot).
The average size of a house on BANK LANE is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bank Lane |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Bank Lane |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bank Lane |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bank Lane |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Margaret Street |