£67,798
This estimated value is based upon the latest sale price for the house of £32,000 on 20 Feb 2004. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £32,000 | 20 Feb 2004 |
| £32,000 | 20 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 February 2004 the House Price Index for BLACKBURN WITH DARWEN was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £32,000 results in an estimated price of approximately £67,798.
| 20 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 148.6 | 111.871 % | £32,000 | £35,798 | £67,798 |
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 | 186.385 % | £59,643 | £91,643 |
| 3 Month Average | 146.516 % | £46,885 | £78,885 |
| 6 Month Average | 149.275 % | £47,768 | £79,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £111,146 | £109,500 | 24 ACCRINGTON ROAD |
| 17 Feb 2023 | £109,926 | £110,000 | 11 CHESTNUT WALK |
| 3 Aug 2022 | £105,715 | £106,000 | 27 LONGTON STREET |
| 1 Aug 2022 | £139,624 | £140,000 | 8 FREDERICK ROW |
| 26 Jun 2022 | £87,233 | £86,000 | 3 HOZIER STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 27 Sep 2013. Using an estimated price of £67,799 means this house is valued at £903 per sq meter (£83 per sq foot).
The average size of a house on ACCRINGTON ROAD is 96 sq meters (1,034 sq feet).