£224,608
This estimated value is based upon the latest sale price for the house of £87,500 on 7 Nov 2002. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£87,500 | 7 Nov 2002 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 2002 the House Price Index for BLACKBURN WITH DARWEN was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £87,500 results in an estimated price of approximately £224,608.
7 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 148.6 | 156.695 % | £87,500 | £137,108 | £224,608 |
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 | 229.309 % | £200,645 | £288,145 |
3 Month Average | 223.824 % | £195,845 | £283,345 |
6 Month Average | 215.855 % | £188,872 | £276,372 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £168,495 | £166,000 | 63 OPENSHAW DRIVE |
20 Jan 2023 | £141,036 | £141,700 | 46 OPENSHAW DRIVE |
18 Nov 2022 | £136,348 | £138,000 | 40 OTTERSHAW GARDENS |
11 Aug 2022 | £146,605 | £147,000 | 44 OPENSHAW DRIVE |
24 Jun 2022 | £167,365 | £165,000 | 49 OPENSHAW DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Apr 2014. Using an estimated price of £224,608 means this house is valued at £2,994 per sq meter (£278 per sq foot).
The average size of a house on OPENSHAW DRIVE is 76 sq meters (823 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Openshaw Drive |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cadshaw Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cadshaw Close |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Cadshaw Close |
Jan 2024 | Other crime | Under investigation | On or near Cadshaw Close |