£90,585
This estimated value is based upon the latest sale price for the house of £72,500 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £72,500 | 2 Feb 2018 |
| £72,500 | 2 Feb 2018 |
| Terraced |
| Leasehold |
| Floor Area: 103 sq meters or 1,108 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 2018 the House Price Index for BLACKBURN WITH DARWEN was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £72,500 results in an estimated price of approximately £90,585.
| 2 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £72,500 | £18,085 | £90,585 |
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 | 14.266 % | £10,342 | £82,842 |
| 3 Month Average | 9.064 % | £6,571 | £79,071 |
| 6 Month Average | 17.218 % | £12,483 | £84,983 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £258,303 | £255,000 | 14 MELVILLE AVENUE |
| 25 Aug 2023 | £181,589 | £180,000 | 7 HILLSIDE GARDENS |
| 31 Jul 2023 | £167,251 | £165,000 | 3 HILLHOUSES |
| 28 Apr 2023 | £262,830 | £260,000 | 8 HIGH BANK CRESCENT |
| 20 Apr 2023 | £283,048 | £280,000 | 2 HIGH BANK CRESCENT |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 5 Jan 2018. Using an estimated price of £90,586 means this house is valued at £879 per sq meter (£81 per sq foot).
The average size of a house on HILLSIDE AVENUE is 109 sq meters (1,178 sq feet).