£139,058
This estimated value is based upon the latest sale price for the house of £115,000 on 6 Jul 2020. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £115,000 | 6 Jul 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 53 sq meters or 570 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 July 2020 the House Price Index for BLACKBURN WITH DARWEN was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £115,000 results in an estimated price of approximately £139,058.
| 6 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £115,000 | £24,058 | £139,058 |
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 | 0.597 % | £686 | £115,686 |
| 3 Month Average | 54.577 % | £62,763 | £177,763 |
| 6 Month Average | 32.099 % | £36,914 | £151,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £247,327 | £243,000 | 54 REGENTS VIEW |
| 21 Nov 2023 | £128,908 | £127,000 | 42 CRANSHAW DRIVE |
| 27 Jul 2023 | £238,206 | £235,000 | 7 CRANSHAW DRIVE |
| 22 Jun 2023 | £106,287 | £105,000 | 52 CRANSHAW DRIVE |
| 1 Sep 2022 | £128,959 | £130,000 | 24 CRANSHAW DRIVE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 24 Apr 2020. Using an estimated price of £139,058 means this house is valued at £2,623 per sq meter (£243 per sq foot).
The average size of a house on THORNWOOD CLOSE is 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cranshaw Drive |
| Dec 2023 | Drugs | Under investigation | On or near Penshaw Close |
| Dec 2023 | Other theft | Under investigation | On or near Penshaw Close |
| Dec 2023 | Other crime | Awaiting court outcome | On or near Hill View |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Regents View |