£192,433
This estimated value is based upon the latest sale price for the house of £110,000 on 30 Oct 2008. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £110,000 | 30 Oct 2008 |
| £46,500 | 25 Oct 2002 |
| Semi-Detached |
| Freehold |
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 October 2008 the House Price Index for BLACKBURN WITH DARWEN was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £110,000 results in an estimated price of approximately £192,433.
| 30 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 148.6 | 74.939 % | £110,000 | £82,433 | £192,433 |
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 | 40.402 % | £44,442 | £154,442 |
| 3 Month Average | 38.781 % | £42,659 | £152,659 |
| 6 Month Average | 30.310 % | £33,341 | £143,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Mar 2023 | £62,590 | £62,000 | 5 PIER HOUSE CANALSIDE |
| 14 Feb 2023 | £109,926 | £110,000 | 8 CANALSIDE |
| 1 Sep 2022 | £173,598 | £175,000 | 7 MERCHANTS QUAY |
| 16 Dec 2021 | £139,279 | £130,000 | 5 NAVIGATION WAY |
| 5 Oct 2021 | £171,504 | £155,000 | 5 MERCHANTS QUAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Merchants Landing | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Merchants Landing |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merchants Landing |
| Mar 2024 | Anti-social behaviour | On or near Merchants Quay | |
| Mar 2024 | Shoplifting | Under investigation | On or near Merchants Quay |