£65,732
This estimated value is based upon the latest sale price for the house of £62,000 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £62,000 | 14 Jan 2022 |
| £19,500 | 14 Aug 2002 |
| Terraced |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 January 2022 the House Price Index for BLACKBURN WITH DARWEN was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £62,000 results in an estimated price of approximately £65,732.
| 14 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £62,000 | £3,732 | £65,732 |
The Postcode Pricing Model uses changes in average sales price within the BB3 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 | -7.073 % | £-4,384 | £57,615 |
| 3 Month Average | 4.763 % | £2,953 | £64,953 |
| 6 Month Average | 2.244 % | £1,391 | £63,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £84,524 | £83,000 | 24 ATLAS ROAD |
| 21 Apr 2023 | £88,658 | £87,000 | 18 SARAH STREET |
| 9 Aug 2022 | £95,446 | £95,000 | 33 SARAH STREET |
| 14 Jan 2022 | £65,732 | £62,000 | 48 SARAH STREET |
| 2 Dec 2021 | £56,124 | £52,000 | 54 TYTHEBARN STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 25 May 2021. Using an estimated price of £65,732 means this house is valued at £966 per sq meter (£89 per sq foot).
The average size of a house on SARAH STREET is 85 sq meters (915 sq feet).