£110,601
This estimated value is based upon the latest sale price for the house of £80,000 on 21 Jan 2016. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£80,000 | 21 Jan 2016 |
Terraced |
Freehold |
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 January 2016 the House Price Index for BLACKBURN WITH DARWEN was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £80,000 results in an estimated price of approximately £110,601.
21 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £80,000 | £30,601 | £110,601 |
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 | -19.724 % | £-15,779 | £64,220 |
3 Month Average | 23.051 % | £18,441 | £98,441 |
6 Month Average | 16.012 % | £12,809 | £92,809 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Dec 2023 | £105,646 | £102,400 | 2 PROGRESS AVENUE |
28 Apr 2023 | £112,097 | £110,000 | 23 ST STEPHENS ROAD |
27 Mar 2023 | £122,038 | £120,000 | 18 BROOKLANDS TERRACE |
21 Jan 2023 | £110,295 | £110,000 | 45 BROOKLANDS TERRACE |
28 Oct 2022 | £69,767 | £70,000 | 8 PROGRESS AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 30 Dec 2015. Using an estimated price of £110,601 means this house is valued at £1,106 per sq meter (£102 per sq foot).
The average size of a house on PROGRESS AVENUE is 104 sq meters (1,125 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Progress Avenue | |
Jun 2024 | Anti-social behaviour | On or near Progress Avenue | |
Jun 2024 | Anti-social behaviour | On or near Church Hill Road | |
Jun 2024 | Anti-social behaviour | On or near Church Hill Road | |
Jun 2024 | Anti-social behaviour | On or near Church Hill Road |