£378,447
This estimated value is based upon the latest sale price for the house of £205,000 on 17 Jun 2005. 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 Falcon Close
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| Price Paid | Date |
|---|---|
| £205,000 | 17 Jun 2005 |
| £110,800 | 25 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 June 2005 the House Price Index for BLACKBURN WITH DARWEN was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £205,000 results in an estimated price of approximately £378,447.
| 17 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £205,000 | £173,447 | £378,447 |
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 | 73.260 % | £150,183 | £355,183 |
| 3 Month Average | 72.917 % | £149,480 | £354,480 |
| 6 Month Average | 70.276 % | £144,066 | £349,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £205,000 | £205,000 | 12 LAMMACK ROAD |
| 13 Nov 2023 | £312,121 | £307,500 | 38 HARRIER DRIVE |
| 7 Sep 2023 | £263,367 | £260,000 | 27 LAMMACK ROAD |
| 17 Mar 2023 | £185,750 | £184,000 | 9 FALCON CLOSE |
| 13 May 2022 | £203,841 | £200,000 | 8 LAMMACK ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 30 Nov 2013. Using an estimated price of £378,447 means this house is valued at £2,506 per sq meter (£232 per sq foot).
The average size of a house on HARRIER DRIVE is 114 sq meters (1,233 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Falcon Close | |
| Feb 2024 | Anti-social behaviour | On or near Falcon Close | |
| Feb 2024 | Burglary | Under investigation | On or near Falcon Close |
| Jan 2024 | Anti-social behaviour | On or near Falcon Close | |
| Jan 2024 | Anti-social behaviour | On or near Falcon Close |