£93,372
This estimated value is based upon the latest sale price for the house of £20,000 on 16 Nov 1998. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £20,000 | 16 Nov 1998 |
| £3,000 | 7 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 November 1998 the House Price Index for BLACKBURN WITH DARWEN was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £20,000 results in an estimated price of approximately £93,372.
| 16 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.861 % | £20,000 | £73,372 | £93,372 |
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 | 284.114 % | £56,822 | £76,822 |
| 3 Month Average | 344.090 % | £68,817 | £88,817 |
| 6 Month Average | 333.715 % | £66,742 | £86,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £134,121 | £130,000 | 25 PALMER ROAD |
| 30 Oct 2023 | £51,162 | £50,000 | 1 PALMER ROAD |
| 29 Sep 2023 | £117,592 | £115,000 | 5 LANGHAM ROAD |
| 7 Jun 2023 | £153,067 | £150,000 | 11 HOLLAND STREET |
| 3 Apr 2023 | £142,668 | £140,000 | 43 LANGHAM ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 27 Jun 2016. Using an estimated price of £93,372 means this house is valued at £639 per sq meter (£59 per sq foot).
The average size of a house on PARK AVENUE is 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Park Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Park Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Park Avenue | |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Palmer Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Palmer Road |