£159,638
This estimated value is based upon the latest sale price for the house of £124,000 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £124,000 | 28 Apr 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 April 2017 the House Price Index for BLACKBURN WITH DARWEN was 115.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.740%.Applying this 28.740% change to the original purchase price of £124,000 results in an estimated price of approximately £159,638.
| 28 Apr 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.0 | 28.740 % | £124,000 | £35,638 | £159,638 |
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 | 22.145 % | £27,460 | £151,460 |
| 3 Month Average | 11.039 % | £13,688 | £137,688 |
| 6 Month Average | 18.593 % | £23,055 | £147,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £107,379 | £106,000 | 35 MILLHAM STREET |
| 21 Aug 2023 | £93,569 | £93,000 | 42 EARL STREET |
| 24 Mar 2023 | £120,652 | £120,000 | 12 EARL STREET |
| 17 Feb 2023 | £64,196 | £64,500 | 42 MILLHAM STREET |
| 17 Mar 2022 | £72,245 | £70,000 | 16 CARR STREET |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 14 Nov 2016. Using an estimated price of £159,638 means this house is valued at £1,400 per sq meter (£130 per sq foot).
There is one other house on the street which we know the size of, this is 36 SHEARWATER DRIVE it is 79.0