£98,344
This estimated value is based upon the latest sale price for the house of £75,000 on 5 Dec 2016. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£75,000 | 5 Dec 2016 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 888 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 December 2016 the House Price Index for BLACKBURN WITH DARWEN was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £75,000 results in an estimated price of approximately £98,344.
5 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £75,000 | £23,344 | £98,344 |
The Postcode Pricing Model uses changes in average sales price within the BB2 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 | 16.939 % | £12,703 | £87,703 |
3 Month Average | 17.583 % | £13,187 | £88,187 |
6 Month Average | 28.259 % | £21,194 | £96,194 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jul 2023 | £112,514 | £111,000 | 49 LINDISFARNE AVENUE |
5 Apr 2023 | £109,176 | £108,000 | 24 SARK GARDENS |
31 Mar 2023 | £128,208 | £127,000 | 11 LINDISFARNE AVENUE |
24 Oct 2022 | £113,775 | £115,000 | 21 LINDISFARNE AVENUE |
29 Jul 2022 | £148,399 | £148,000 | 45 MOWBRAY AVENUE |
This house has a floor area of 82 sq meters or 888 sq feet when measured on 25 Jan 2012. Using an estimated price of £98,345 means this house is valued at £1,192 per sq meter (£110 per sq foot).
The average size of a house on PARK LEE ROAD is 97 sq meters (1,045 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Mowbray Avenue |
Apr 2024 | Vehicle crime | Under investigation | On or near Mowbray Avenue |
Apr 2024 | Anti-social behaviour | On or near Mowbray Avenue | |
Apr 2024 | Anti-social behaviour | On or near Mowbray Avenue | |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mowbray Avenue |