£91,227
This estimated value is based upon the latest sale price for the house of £56,000 on 26 Feb 2007. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£56,000 | 26 Feb 2007 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 February 2007 the House Price Index for BLACKBURN WITH DARWEN was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £56,000 results in an estimated price of approximately £91,227.
26 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.2 | 148.6 | 62.906 % | £56,000 | £35,227 | £91,227 |
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 | 25.490 % | £14,274 | £70,274 |
3 Month Average | 41.962 % | £23,498 | £79,498 |
6 Month Average | 41.321 % | £23,139 | £79,139 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2023 | £82,893 | £82,000 | 128 HANCOCK STREET |
22 Feb 2023 | £84,943 | £85,000 | 126 HANCOCK STREET |
16 Sep 2022 | £125,983 | £127,000 | 2 ESSEX CLOSE |
11 Nov 2021 | £74,624 | £69,000 | 92 STANSFELD STREET |
16 Sep 2021 | £68,427 | £63,500 | 78 HANCOCK STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 11 Sep 2020. Using an estimated price of £91,227 means this house is valued at £1,169 per sq meter (£108 per sq foot).
There is one other house on the street which we know the size of, this is 247 TAYLOR CLOSE it is 88.0