£95,178
This estimated value is based upon the latest sale price for the house of £86,420 on 31 Aug 2021. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £86,420 | 31 Aug 2021 |
| £69,000 | 16 Aug 2010 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 August 2021 the House Price Index for BLACKBURN WITH DARWEN was 133.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 10.135%.Applying this 10.135% change to the original purchase price of £86,420 results in an estimated price of approximately £95,178.
| 31 Aug 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 146.7 | 10.135 % | £86,420 | £8,758 | £95,178 |
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 | 31.548 % | £27,263 | £113,683 |
| 3 Month Average | 23.872 % | £20,629 | £107,049 |
| 6 Month Average | 9.250 % | £7,994 | £94,414 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 23 Jun 2021.
The average size of a house on MELVILLE DRIVE is 108 sq meters (1,166 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Melville Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melville Drive |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Denville Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Denville Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Denville Road |