£282,873
This estimated value is based upon the latest sale price for the house of £59,950 on 10 Mar 1998. 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
More crime details
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| Price Paid | Date |
|---|---|
| £59,950 | 10 Mar 1998 |
| Terraced |
| Freehold |
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 March 1998 the House Price Index for BLACKBURN WITH DARWEN was 31.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 371.849%.Applying this 371.849% change to the original purchase price of £59,950 results in an estimated price of approximately £282,873.
| 10 Mar 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 146.7 | 371.849 % | £59,950 | £222,923 | £282,873 |
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 | 329.802 % | £197,716 | £257,666 |
| 3 Month Average | 331.841 % | £198,938 | £258,888 |
| 6 Month Average | 263.579 % | £158,015 | £217,965 |
| 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 |