£59,959
This estimated value is based upon the latest sale price for the house of £60,000 on 9 Sep 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 |
|---|---|
| £60,000 | 9 Sep 2022 |
| £45,000 | 9 Jul 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 September 2022 the House Price Index for BLACKBURN WITH DARWEN was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £60,000 results in an estimated price of approximately £59,959.
| 9 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £60,000 | £-40 | £59,959 |
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 | -1.867 % | £-1,120 | £58,879 |
| 3 Month Average | 4.028 % | £2,417 | £62,417 |
| 6 Month Average | 9.825 % | £5,894 | £65,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £135,000 | £135,000 | 101A PRESTON NEW ROAD |
| 24 Apr 2024 | £112,981 | £112,000 | 97 PRESTON NEW ROAD |
| 17 Nov 2023 | £66,693 | £65,000 | FLAT 8 EAST PARK COURT, 12 EAST PARK ROAD |
| 31 Mar 2023 | £274,586 | £270,000 | 79 PRESTON NEW ROAD |
| 28 Feb 2023 | £106,713 | £106,000 | 25 HOPE STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 19 Aug 2021. Using an estimated price of £59,960 means this house is valued at £856 per sq meter (£79 per sq foot).
The average size of a house on EAST PARK ROAD is 146 sq meters (1,580 sq feet).