£89,202
This estimated value is based upon the latest sale price for the house of £72,000 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £72,000 | 29 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2018 the House Price Index for BLACKBURN WITH DARWEN was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £72,000 results in an estimated price of approximately £89,202.
| 29 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £72,000 | £17,202 | £89,202 |
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 | 26.439 % | £19,036 | £91,036 |
| 3 Month Average | 20.655 % | £14,871 | £86,871 |
| 6 Month Average | 20.645 % | £14,864 | £86,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £60,780 | £60,000 | 20 SAPPHIRE STREET |
| 6 Apr 2023 | £122,914 | £122,000 | 11 AGATE STREET |
| 27 Mar 2023 | £92,500 | £92,000 | 87 PERIDOT CLOSE |
| 28 Jun 2022 | £116,177 | £115,000 | 411 WHALLEY NEW ROAD |
| 29 Apr 2022 | £113,846 | £111,000 | 21 AGATE STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 14 Jul 2021. Using an estimated price of £89,202 means this house is valued at £1,158 per sq meter (£107 per sq foot).
The average size of a house on DOUGLAS PLACE is 92 sq meters (995 sq feet).