£79,627
This estimated value is based upon the latest sale price for the house of £48,000 on 27 Jun 2013. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £48,000 | 27 Jun 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 2013 the House Price Index for BLACKBURN WITH DARWEN was 89.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 65.891%.Applying this 65.891% change to the original purchase price of £48,000 results in an estimated price of approximately £79,627.
| 27 Jun 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.0 | 65.891 % | £48,000 | £31,627 | £79,627 |
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 | 39.785 % | £19,096 | £67,096 |
| 3 Month Average | 38.255 % | £18,362 | £66,362 |
| 6 Month Average | 36.861 % | £17,693 | £65,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £80,523 | £79,000 | 111A LAMBETH STREET |
| 31 Mar 2023 | £201,037 | £199,950 | 59 QUEENS ROAD |
| 23 Aug 2022 | £139,060 | £140,000 | 131 LAMBETH STREET |
| 22 Apr 2022 | £82,051 | £80,000 | 105 LAMBETH STREET |
| 6 Apr 2022 | £180,205 | £175,700 | 105 QUEENS ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 10 Sep 2020. Using an estimated price of £79,628 means this house is valued at £1,990 per sq meter (£184 per sq foot).
The average size of a house on QUEENS ROAD is 142 sq meters (1,529 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).