£60,563
This estimated value is based upon the latest sale price for the house of £50,000 on 2 Sep 2019. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£50,000 | 2 Sep 2019 |
£18,000 | 26 Jul 1999 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 September 2019 the House Price Index for BLACKBURN WITH DARWEN was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.128%.Applying this 21.128% change to the original purchase price of £50,000 results in an estimated price of approximately £60,563.
2 Sep 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 146.7 | 21.128 % | £50,000 | £10,563 | £60,563 |
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 | 33.017 % | £16,508 | £66,508 |
3 Month Average | 16.815 % | £8,407 | £58,407 |
6 Month Average | 3.340 % | £1,669 | £51,669 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 21 Jan 2014.
The average size of a house on NEW WELLINGTON STREET is 86 sq meters (936 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Elim Place | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Elim Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near New Wellington Street |
Mar 2024 | Drugs | Under investigation | On or near New Wellington Street |
Jan 2024 | Robbery | Awaiting court outcome | On or near New Wellington Street |