£980,484
This estimated value is based upon the latest sale price for the house of £160,000 on 9 May 2023. 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 Furness Avenue
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| Price Paid | Date |
|---|---|
| £160,000 | 9 May 2023 |
| £115,000 | 26 Aug 2016 |
| Terraced |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 2023 the House Price Index for BLACKBURN WITH DARWEN was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £160,000 results in an estimated price of approximately £980,484.
| 9 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £160,000 | £820,484 | £980,484 |
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 | -38.852 % | £-62,162 | £97,837 |
| 3 Month Average | -9.577 % | £-15,322 | £144,677 |
| 6 Month Average | -12.731 % | £-20,369 | £139,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £73,000 | £73,000 | 7 FOUNTAINS AVENUE |
| 6 Mar 2023 | £85,427 | £84,000 | 338 WHALLEY OLD ROAD |
| 3 Mar 2022 | £2,088 | £2,000 | 61 KELSALL AVENUE |
| 18 Feb 2022 | £132,057 | £125,000 | 16 KELSALL AVENUE |
| 3 Dec 2021 | £485,689 | £450,000 | 1 BENSON HOUSE BENSON STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Aug 2014.
The average size of a house on FURNESS AVENUE is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Furness Avenue |
| May 2024 | Burglary | Unable to prosecute suspect | On or near Furness Avenue |
| Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Furness Avenue |
| Apr 2024 | Drugs | Awaiting court outcome | On or near Furness Avenue |
| Apr 2024 | Other theft | Awaiting court outcome | On or near Furness Avenue |