£98,934
This estimated value is based upon the latest sale price for the house of £80,000 on 25 Apr 2019. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£80,000 | 25 Apr 2019 |
£74,000 | 11 Jun 2012 |
£72,500 | 8 Nov 2005 |
£19,000 | 26 May 2000 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 827 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 2019 the House Price Index for BLACKBURN WITH DARWEN was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £80,000 results in an estimated price of approximately £98,934.
25 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.668 % | £80,000 | £18,934 | £98,934 |
The Postcode Pricing Model uses changes in average sales price within the BB2 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 | -7.812 % | £-6,249 | £73,750 |
3 Month Average | 8.289 % | £6,630 | £86,630 |
6 Month Average | 16.396 % | £13,117 | £93,117 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2023 | £101,341 | £100,250 | 41 WELLFIELD ROAD |
3 Mar 2023 | £196,855 | £195,000 | 13 GRANVILLE ROAD |
22 Apr 2022 | £175,066 | £170,000 | 26 GRANVILLE ROAD |
23 Mar 2022 | £93,264 | £90,000 | 17 LYNWOOD ROAD |
5 Oct 2021 | £52,558 | £47,500 | 88 DUKES BROW |
This house has a floor area of 76 sq meters or 827 sq feet when measured on 3 Dec 2010. Using an estimated price of £98,934 means this house is valued at £1,287 per sq meter (£119 per sq foot).
The average size of a house on WELLFIELD ROAD is 100 sq meters (1,080 sq feet).