£283,962
This estimated value is based upon the latest sale price for the house of £220,000 on 5 Jun 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 |
---|---|
£220,000 | 5 Jun 2017 |
Terraced |
Freehold |
Floor Area: 185 sq meters or 1,991 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 June 2017 the House Price Index for BLACKBURN WITH DARWEN was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £220,000 results in an estimated price of approximately £283,962.
5 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £220,000 | £63,962 | £283,962 |
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 | -13.489 % | £-29,676 | £190,323 |
3 Month Average | 9.620 % | £21,164 | £241,164 |
6 Month Average | 9.354 % | £20,578 | £240,578 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Apr 2024 | £216,883 | £215,000 | 79 LANGHAM ROAD |
27 Sep 2023 | £112,480 | £110,000 | 77 LANGHAM ROAD |
6 Apr 2023 | £181,393 | £178,000 | 64 EAST PARK ROAD |
7 Jul 2022 | £131,316 | £130,000 | 80 LANGHAM ROAD |
10 Nov 2021 | £154,712 | £142,000 | 40 WINSTON ROAD |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 23 Jun 2016. Using an estimated price of £283,963 means this house is valued at £1,534 per sq meter (£142 per sq foot).
The average size of a house on EAST PARK ROAD is 146 sq meters (1,580 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Terrace |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Terrace |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Terrace |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beresford Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beresford Road |