£149,790
This estimated value is based upon the latest sale price for the house of £120,000 on 30 Apr 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 |
|---|---|
| £120,000 | 30 Apr 2018 |
| £110,000 | 4 Apr 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 April 2018 the House Price Index for BLACKBURN WITH DARWEN was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £120,000 results in an estimated price of approximately £149,790.
| 30 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £120,000 | £29,790 | £149,790 |
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 | 41.773 % | £50,127 | £170,127 |
| 3 Month Average | 38.060 % | £45,671 | £165,671 |
| 6 Month Average | 22.068 % | £26,481 | £146,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £128,908 | £127,000 | 42 CRANSHAW DRIVE |
| 10 Nov 2023 | £168,495 | £166,000 | 63 OPENSHAW DRIVE |
| 27 Jul 2023 | £238,206 | £235,000 | 7 CRANSHAW DRIVE |
| 20 Jan 2023 | £141,036 | £141,700 | 46 OPENSHAW DRIVE |
| 18 Nov 2022 | £136,348 | £138,000 | 40 OTTERSHAW GARDENS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 4 Mar 2016. Using an estimated price of £149,790 means this house is valued at £1,970 per sq meter (£183 per sq foot).
The average size of a house on OPENSHAW DRIVE is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Openshaw Drive |
| Jan 2024 | Vehicle crime | Under investigation | On or near Ottershaw Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cranshaw Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cadshaw Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cadshaw Close |