£162,063
This estimated value is based upon the latest sale price for the house of £122,000 on 23 Sep 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 |
|---|---|
| £122,000 | 23 Sep 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 September 2016 the House Price Index for BLACKBURN WITH DARWEN was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £122,000 results in an estimated price of approximately £162,063.
| 23 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £122,000 | £40,063 | £162,063 |
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 | 6.659 % | £8,123 | £130,123 |
| 3 Month Average | 7.689 % | £9,380 | £131,380 |
| 6 Month Average | 19.488 % | £23,775 | £145,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £68,881 | £68,000 | 2 BROUGHTON STREET |
| 30 Mar 2023 | £123,665 | £122,500 | 65 DOVE LANE |
| 21 Mar 2023 | £59,056 | £58,500 | 45 HEYS LANE |
| 3 Feb 2023 | £83,944 | £84,000 | 2 FRANCES STREET |
| 9 Jun 2022 | £86,218 | £85,000 | 51 DOVE LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 1 Jun 2016. Using an estimated price of £162,064 means this house is valued at £2,282 per sq meter (£212 per sq foot).
The average size of a house on HEYS LANE is 75 sq meters (814 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Frances Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Frances Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frances Street |
| Mar 2024 | Anti-social behaviour | On or near Orchard Park | |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Nelson Street |