£310,861
This estimated value is based upon the latest sale price for the house of £252,000 on 20 Dec 2018. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £252,000 | 20 Dec 2018 |
| £160,000 | 21 Nov 2014 |
| £150,000 | 30 Aug 2007 |
| £150,000 | 30 Aug 2007 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 December 2018 the House Price Index for BLACKBURN WITH DARWEN was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £252,000 results in an estimated price of approximately £310,861.
| 20 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £252,000 | £58,861 | £310,861 |
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 | 43.141 % | £108,714 | £360,714 |
| 3 Month Average | 35.846 % | £90,331 | £342,331 |
| 6 Month Average | 26.235 % | £66,111 | £318,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £215,000 | £215,000 | 16 EAST LANCASHIRE ROAD |
| 1 Dec 2023 | £315,521 | £310,000 | 38 YORK CRESCENT |
| 22 Sep 2023 | £225,888 | £223,000 | 32 YORK CRESCENT |
| 8 Sep 2023 | £183,344 | £181,000 | 19 NEWINGTON AVENUE |
| 17 Apr 2023 | £166,796 | £165,000 | 25 NEWINGTON AVENUE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 23 May 2014. Using an estimated price of £310,862 means this house is valued at £2,337 per sq meter (£217 per sq foot).
The average size of a house on EAST LANCASHIRE ROAD is 108 sq meters (1,163 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Lancashire Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near York Crescent |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near York Crescent |
| Jan 2024 | Public order | Local resolution | On or near Brownhill Road |
| Jan 2024 | Anti-social behaviour | On or near Brownhill Road |