£67,699
This estimated value is based upon the latest sale price for the house of £54,800 on 18 Mar 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 |
|---|---|
| £54,800 | 18 Mar 2019 |
| £38,000 | 5 Dec 2003 |
| £28,000 | 5 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 March 2019 the House Price Index for BLACKBURN WITH DARWEN was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £54,800 results in an estimated price of approximately £67,699.
| 18 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £54,800 | £12,899 | £67,699 |
The Postcode Pricing Model uses changes in average sales price within the BB3 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 | 30.954 % | £16,962 | £71,762 |
| 3 Month Average | 27.021 % | £14,807 | £69,607 |
| 6 Month Average | 17.014 % | £9,323 | £64,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £103,816 | £102,000 | 20 ANYON STREET |
| 10 Nov 2023 | £86,277 | £85,000 | 44 ATLAS ROAD |
| 23 Aug 2023 | £73,140 | £72,500 | 27 SANDON STREET |
| 16 Aug 2023 | £83,733 | £83,000 | 24 ATLAS ROAD |
| 8 Aug 2023 | £64,565 | £64,000 | 241 - 243 OLIVE LANE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 24 Dec 2018. Using an estimated price of £67,699 means this house is valued at £559 per sq meter (£51 per sq foot).
The average size of a house on OLIVE LANE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Two Gates Drive | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Two Gates Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Two Gates Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Two Gates Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Two Gates Drive |