£88,955
This estimated value is based upon the latest sale price for the house of £72,000 on 28 Jun 2019. 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 Cherry Street
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| Price Paid | Date |
|---|---|
| £72,000 | 28 Jun 2019 |
| £63,000 | 26 Oct 2012 |
| £17,000 | 14 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2019 the House Price Index for BLACKBURN WITH DARWEN was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £72,000 results in an estimated price of approximately £88,955.
| 28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £72,000 | £16,955 | £88,955 |
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 | 22.755 % | £16,383 | £88,383 |
| 3 Month Average | 49.412 % | £35,576 | £107,576 |
| 6 Month Average | 28.528 % | £20,540 | £92,540 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £109,926 | £110,000 | 11 CHESTNUT WALK |
| 1 Aug 2022 | £139,624 | £140,000 | 8 FREDERICK ROW |
| 15 Jul 2022 | £130,351 | £130,000 | 12 CHERRY CLOSE |
| 7 Oct 2021 | £110,648 | £100,000 | 12 MULBERRY WALK |
| 12 Feb 2021 | £130,550 | £115,000 | 95 CHERRY STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 21 Jan 2016. Using an estimated price of £88,955 means this house is valued at £1,202 per sq meter (£111 per sq foot).
The average size of a house on CHERRY STREET is 107 sq meters (1,162 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Cherry Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cherry Close |
| Mar 2024 | Anti-social behaviour | On or near Cherry Close |