£222,027
This estimated value is based upon the latest sale price for the house of £180,000 on 21 Feb 2018. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
There has been one burglary within the last year on or near Preston Old Road
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| Price Paid | Date |
|---|---|
| £180,000 | 21 Feb 2018 |
| £66,000 | 8 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 February 2018 the House Price Index for BLACKBURN WITH DARWEN was 118.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.348%.Applying this 23.348% change to the original purchase price of £180,000 results in an estimated price of approximately £222,027.
| 21 Feb 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 146.7 | 23.348 % | £180,000 | £42,027 | £222,027 |
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 | 53.355 % | £96,039 | £276,039 |
| 3 Month Average | 34.191 % | £61,543 | £241,543 |
| 6 Month Average | 21.363 % | £38,453 | £218,453 |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 26 Nov 2014.
The average size of a house on PRESTON OLD ROAD is 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Preston Old Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Preston Old Road |