£281,126
This estimated value is based upon the latest sale price for the house of £167,995 on 17 May 2013. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£167,995 | 17 May 2013 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2013 the House Price Index for BLACKBURN WITH DARWEN was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £167,995 results in an estimated price of approximately £281,126.
17 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.6 | 67.342 % | £167,995 | £113,131 | £281,126 |
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 | 45.560 % | £76,538 | £244,533 |
3 Month Average | 51.090 % | £85,829 | £253,824 |
6 Month Average | 42.874 % | £72,026 | £240,021 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £260,000 | £260,000 | 144 LABURNUM ROAD |
10 Nov 2023 | £229,904 | £226,500 | 34 BRIDGEWATER DRIVE |
15 Oct 2021 | £263,342 | £238,000 | 146 LABURNUM ROAD |
15 Oct 2021 | £169,291 | £153,000 | 132 LABURNUM ROAD |
1 Oct 2021 | £245,638 | £222,000 | 156 LABURNUM ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 11 Apr 2013. Using an estimated price of £281,127 means this house is valued at £2,444 per sq meter (£227 per sq foot).
The average size of a house on BRIDGEWATER DRIVE is 113 sq meters (1,222 sq feet).