£79,084
This estimated value is based upon the latest sale price for the house of £40,000 on 10 Jun 2004. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £40,000 | 10 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2004 the House Price Index for BLACKBURN WITH DARWEN was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £40,000 results in an estimated price of approximately £79,084.
| 10 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £40,000 | £39,084 | £79,084 |
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 | 99.203 % | £39,681 | £79,681 |
| 3 Month Average | 105.436 % | £42,174 | £82,174 |
| 6 Month Average | 111.899 % | £44,759 | £84,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £132,315 | £130,000 | 25 PALMER ROAD |
| 29 Sep 2023 | £116,489 | £115,000 | 5 LANGHAM ROAD |
| 7 Jun 2023 | £151,839 | £150,000 | 11 HOLLAND STREET |
| 29 Jul 2022 | £135,364 | £135,000 | 24 HOLLAND STREET |
| 24 Mar 2022 | £93,264 | £90,000 | 2 PARK AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 11 Dec 2014. Using an estimated price of £79,085 means this house is valued at £1,001 per sq meter (£93 per sq foot).
The average size of a house on PALMER ROAD is 124 sq meters (1,338 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |