£322,253
This estimated value is based upon the latest sale price for the house of £180,000 on 31 Jan 2006. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £180,000 | 31 Jan 2006 |
| Semi-Detached |
| Leasehold |
| Floor Area: 152 sq meters or 1,636 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 January 2006 the House Price Index for BLACKBURN WITH DARWEN was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.030%.Applying this 79.030% change to the original purchase price of £180,000 results in an estimated price of approximately £322,253.
| 31 Jan 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.030 % | £180,000 | £142,253 | £322,253 |
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 | 66.465 % | £119,637 | £299,637 |
| 3 Month Average | 59.559 % | £107,206 | £287,206 |
| 6 Month Average | 49.296 % | £88,732 | £268,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £380,116 | £375,000 | 18 GORSE ROAD |
| 10 Jul 2023 | £252,397 | £249,000 | 1 BILLINGE CLOSE |
| 27 Jan 2023 | £273,711 | £275,000 | 3 BILLINGE CLOSE |
| 29 Jun 2022 | £268,799 | £265,000 | 14 GORSE ROAD |
| 24 Jun 2022 | £294,157 | £290,000 | 5 MAVIS ROAD |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 28 Jul 2016. Using an estimated price of £322,253 means this house is valued at £2,120 per sq meter (£196 per sq foot).
The average size of a house on BILLINGE AVENUE is 267 sq meters (2,880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gorse Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Gorse Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Gorse Road |