£85,049
This estimated value is based upon the latest sale price for the house of £61,000 on 22 Dec 2015. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £61,000 | 22 Dec 2015 |
| £90,000 | 5 Apr 2007 |
| £24,950 | 21 Nov 1997 |
| 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 December 2015 the House Price Index for BLACKBURN WITH DARWEN was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £61,000 results in an estimated price of approximately £85,049.
| 22 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £61,000 | £24,049 | £85,049 |
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 | -7.457 % | £-4,549 | £56,450 |
| 3 Month Average | 26.213 % | £15,990 | £76,990 |
| 6 Month Average | 17.502 % | £10,675 | £71,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £91,404 | £90,000 | 10 LABURNUM ROAD |
| 7 Dec 2023 | £144,438 | £140,000 | 90 LABURNUM ROAD |
| 17 Nov 2023 | £112,865 | £110,000 | 11 LILAC ROAD |
| 3 Oct 2023 | £171,393 | £167,500 | 269 WHALLEY OLD ROAD |
| 30 Jun 2023 | £153,067 | £150,000 | 33 CLARENDON ROAD EAST |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 24 Jun 2014. Using an estimated price of £85,050 means this house is valued at £1,050 per sq meter (£97 per sq foot).
The average size of a house on LABURNUM ROAD is 100 sq meters (1,080 sq feet).