£224,781
This estimated value is based upon the latest sale price for the house of £132,355 on 18 Mar 2011. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£132,355 | 18 Mar 2011 |
£85,000 | 7 Nov 2003 |
£43,500 | 18 Oct 1996 |
Terraced |
Freehold |
Floor Area: 212 sq meters or 2,281 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 March 2011 the House Price Index for BLACKBURN WITH DARWEN was 86.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.832%.Applying this 69.832% change to the original purchase price of £132,355 results in an estimated price of approximately £224,781.
18 Mar 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 146.7 | 69.832 % | £132,355 | £92,426 | £224,781 |
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 | 44.350 % | £58,699 | £191,054 |
3 Month Average | 48.463 % | £64,142 | £196,497 |
6 Month Average | 30.504 % | £40,373 | £172,728 |
This house has a floor area of 212 sq meters or 2,281 sq feet when measured on 26 Aug 2016.
The average size of a house on ADELAIDE TERRACE is 187 sq meters (2,017 sq feet).