£264,155
This estimated value is based upon the latest sale price for the house of £57,000 on 2 Nov 1998. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £57,000 | 2 Nov 1998 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 November 1998 the House Price Index for BLACKBURN WITH DARWEN was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £57,000 results in an estimated price of approximately £264,155.
| 2 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.431 % | £57,000 | £207,155 | £264,155 |
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 | 307.684 % | £175,379 | £232,379 |
| 3 Month Average | 317.896 % | £181,200 | £238,200 |
| 6 Month Average | 302.996 % | £172,707 | £229,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £86,759 | £86,000 | 40 BLACKBURN STREET |
| 13 Aug 2021 | £225,354 | £202,000 | 137 LONDON ROAD |
| 27 Jul 2020 | £90,690 | £75,000 | 28 BLACKBURN STREET |
| 30 Mar 2020 | £102,377 | £85,000 | 60 INKERMAN STREET |
| 7 Feb 2020 | £57,504 | £47,000 | 4 BROOKFIELD STREET |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 21 Dec 2015. Using an estimated price of £264,155 means this house is valued at £1,886 per sq meter (£175 per sq foot).
The average size of a house on LONDON ROAD is 131 sq meters (1,417 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Blackburn Street |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Blackburn Street |
| Jan 2024 | Anti-social behaviour | On or near Earl Street | |
| Jan 2024 | Anti-social behaviour | On or near Earl Street | |
| Jan 2024 | Anti-social behaviour | On or near Earl Street |