£248,635
This estimated value is based upon the latest sale price for the house of £57,500 on 27 Aug 1999. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £57,500 | 27 Aug 1999 |
| £55,000 | 21 Nov 1997 |
| Terraced |
| Freehold |
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 1999 the House Price Index for BLACKBURN WITH DARWEN was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £57,500 results in an estimated price of approximately £248,635.
| 27 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 149.7 | 332.409 % | £57,500 | £191,135 | £248,635 |
The Postcode Pricing Model uses changes in average sales price within the BB2 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 | 128.848 % | £74,087 | £131,587 |
| 3 Month Average | 196.823 % | £113,172 | £170,672 |
| 6 Month Average | 226.041 % | £129,973 | £187,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £85,000 | £85,000 | 37 HILLCREST ROAD |
| 3 May 2024 | £95,500 | £95,500 | 339 PRESTON OLD ROAD |
| 24 Aug 2023 | £178,214 | £175,000 | 334 PRESTON OLD ROAD |
| 11 Aug 2023 | £132,388 | £130,000 | 351 PRESTON OLD ROAD |
| 3 Mar 2023 | £238,991 | £235,000 | 1 HILLCREST ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Hillcrest Road |
| Jul 2024 | Anti-social behaviour | On or near Cecilia Road | |
| Jul 2024 | Anti-social behaviour | On or near Cecilia Road | |
| May 2024 | Anti-social behaviour | On or near Cecilia Road | |
| May 2024 | Anti-social behaviour | On or near Cecilia Road |