£176,998
This estimated value is based upon the latest sale price for the house of £110,000 on 22 Jan 2014. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£110,000 | 22 Jan 2014 |
£95,000 | 21 Oct 2005 |
£34,500 | 10 Nov 1995 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 2014 the House Price Index for BLACKBURN WITH DARWEN was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £110,000 results in an estimated price of approximately £176,998.
22 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 149.7 | 60.908 % | £110,000 | £66,998 | £176,998 |
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 | 8.954 % | £9,848 | £119,848 |
3 Month Average | 54.741 % | £60,215 | £170,215 |
6 Month Average | 37.455 % | £41,199 | £151,199 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £179,864 | £176,500 | 67 MARSH HOUSE LANE |
14 Nov 2022 | £115,460 | £116,000 | 2 ESSEX STREET |
22 Apr 2022 | £145,239 | £140,000 | 47 CLOISTER DRIVE |
28 Feb 2022 | £142,622 | £135,000 | 23 ESSEX STREET |
18 Feb 2022 | £116,157 | £109,950 | 27 ESSEX STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 5 Mar 2014. Using an estimated price of £176,998 means this house is valued at £2,565 per sq meter (£238 per sq foot).
The average size of a house on MARSH HOUSE LANE is 77 sq meters (836 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cloister Drive |
May 2024 | Violence and sexual offences | Under investigation | On or near Marsh House Lane |
Jul 2024 | Anti-social behaviour | On or near Cambridge Street | |
May 2024 | Anti-social behaviour | On or near Cambridge Street | |
May 2024 | Anti-social behaviour | On or near Cambridge Street |