£171,720
This estimated value is based upon the latest sale price for the house of £170,000 on 11 Jul 2022. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £170,000 | 11 Jul 2022 |
| £54,000 | 3 Mar 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 2022 the House Price Index for BLACKBURN WITH DARWEN was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £170,000 results in an estimated price of approximately £171,720.
| 11 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £170,000 | £1,720 | £171,720 |
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 | -34.096 % | £-57,963 | £112,036 |
| 3 Month Average | -7.288 % | £-12,389 | £157,610 |
| 6 Month Average | -4.564 % | £-7,759 | £162,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £186,621 | £185,000 | 38 OTTERSHAW GARDENS |
| 3 Nov 2023 | £179,558 | £175,000 | 2 HILL VIEW |
| 9 Jun 2023 | £112,249 | £110,000 | 1 PENSHAW CLOSE |
| 19 Apr 2023 | £166,107 | £163,000 | 10 PENSHAW CLOSE |
| 18 Nov 2022 | £137,358 | £138,000 | 40 OTTERSHAW GARDENS |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 10 Jan 2017. Using an estimated price of £171,721 means this house is valued at £1,122 per sq meter (£104 per sq foot).
The average size of a house on OPENSHAW DRIVE is 76 sq meters (823 sq feet).
This house is the largest in the street with a floor area of 153 sq meters (1,646 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hill View |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hill View |
| Jul 2024 | Anti-social behaviour | On or near Pleck Farm Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Pleck Farm Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Pleck Farm Avenue |