£117,114
This estimated value is based upon the latest sale price for the house of £68,500 on 30 Aug 2006. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£68,500 | 30 Aug 2006 |
Terraced |
Leasehold |
Floor Area: 100 sq meters or 1,076 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 August 2006 the House Price Index for BLACKBURN WITH DARWEN was 86.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.970%.Applying this 70.970% change to the original purchase price of £68,500 results in an estimated price of approximately £117,114.
30 Aug 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.0 | 70.970 % | £68,500 | £48,614 | £117,114 |
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 | 38.136 % | £26,123 | £94,623 |
3 Month Average | 43.028 % | £29,474 | £97,974 |
6 Month Average | 42.909 % | £29,392 | £97,892 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £70,331 | £69,000 | 276 ACCRINGTON ROAD |
10 Nov 2023 | £111,431 | £110,000 | 64 MARICOURT AVENUE |
28 Jul 2023 | £95,402 | £94,500 | 24 MARICOURT AVENUE |
27 Jul 2023 | £124,175 | £123,000 | 8 MARICOURT AVENUE |
14 Jun 2023 | £134,087 | £133,000 | 365 ACCRINGTON ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 6 Jan 2015. Using an estimated price of £117,115 means this house is valued at £1,171 per sq meter (£108 per sq foot).
The average size of a house on WHITEBIRK ROAD is 95 sq meters (1,027 sq feet).