£78,956
This estimated value is based upon the latest sale price for the house of £78,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £78,000 | 16 Jun 2023 |
| £73,950 | 17 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 June 2023 the House Price Index for BLACKBURN WITH DARWEN was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £78,000 results in an estimated price of approximately £78,956.
| 16 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £78,000 | £956 | £78,956 |
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 | -5.830 % | £-4,547 | £73,452 |
| 3 Month Average | -7.534 % | £-5,876 | £72,123 |
| 6 Month Average | -11.147 % | £-8,694 | £69,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £101,781 | £100,000 | 19 BRANDWOOD STREET |
| 30 Nov 2023 | £71,052 | £70,000 | 17 EDMUND STREET |
| 29 Sep 2023 | £101,295 | £100,000 | 2 BRANDWOOD STREET |
| 16 Jun 2023 | £78,956 | £78,000 | 25 EDMUND STREET |
| 23 Sep 2022 | £91,263 | £92,000 | 28 BRANDWOOD STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 19 Jan 2018. Using an estimated price of £78,956 means this house is valued at £1,253 per sq meter (£116 per sq foot).
The average size of a house on EDMUND STREET is 74 sq meters (797 sq feet).