£122,762
This estimated value is based upon the latest sale price for the house of £82,000 on 20 Oct 2014. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
There has been one burglary within the last year on or near Highbank
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| Price Paid | Date |
|---|---|
| £82,000 | 20 Oct 2014 |
| £43,000 | 14 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 October 2014 the House Price Index for BLACKBURN WITH DARWEN was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £82,000 results in an estimated price of approximately £122,762.
| 20 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £82,000 | £40,762 | £122,762 |
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 | 24.431 % | £20,033 | £102,033 |
| 3 Month Average | 41.924 % | £34,377 | £116,377 |
| 6 Month Average | 40.349 % | £33,085 | £115,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £83,062 | £82,000 | 14 HIGHBANK |
| 3 Jul 2023 | £192,592 | £190,000 | 59 HIGHBANK |
| 31 Mar 2023 | £107,008 | £106,000 | 25 BERYL AVENUE |
| 8 Mar 2023 | £108,522 | £107,500 | 27 AMBER AVENUE |
| 2 Feb 2023 | £109,926 | £110,000 | 9 AMBER AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 11 Dec 2013. Using an estimated price of £122,763 means this house is valued at £2,153 per sq meter (£200 per sq foot).
The average size of a house on HIGHBANK is 65 sq meters (700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Highbank |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Highbank |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Highbank |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Highbank |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Highbank |