£111,573
This estimated value is based upon the latest sale price for the house of £59,950 on 29 Apr 2005. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£59,950 | 29 Apr 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 482 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 2005 the House Price Index for BLACKBURN WITH DARWEN was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £59,950 results in an estimated price of approximately £111,573.
29 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.110 % | £59,950 | £51,623 | £111,573 |
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 | 53.157 % | £31,867 | £91,817 |
3 Month Average | 70.720 % | £42,396 | £102,346 |
6 Month Average | 77.629 % | £46,538 | £106,488 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jan 2023 | £102,517 | £103,000 | 184 MONTAGUE STREET |
30 Jun 2022 | £65,932 | £65,000 | 32 WEAVERS COURT PRESTON NEW ROAD |
14 Jun 2022 | £60,860 | £60,000 | 34 WEAVERS COURT PRESTON NEW ROAD |
22 Dec 2021 | £49,283 | £46,000 | 194 MONTAGUE STREET |
15 Dec 2021 | £70,711 | £66,000 | 7 WEAVERS COURT PRESTON NEW ROAD |
This house has a floor area of 44 sq meters or 482 sq feet when measured on 17 Oct 2008. Using an estimated price of £111,573 means this house is valued at £2,487 per sq meter (£231 per sq foot).
The average size of a house on PRESTON NEW ROAD is 161 sq meters (1,734 sq feet).