£50,923
This estimated value is based upon the latest sale price for the house of £21,500 on 7 May 2003. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £21,500 | 7 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 May 2003 the House Price Index for BLACKBURN WITH DARWEN was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £21,500 results in an estimated price of approximately £50,923.
| 7 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £21,500 | £29,423 | £50,923 |
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 | 175.953 % | £37,829 | £59,329 |
| 3 Month Average | 145.171 % | £31,211 | £52,711 |
| 6 Month Average | 145.787 % | £31,344 | £52,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £81,036 | £80,000 | 9 HIGHFIELD STREET |
| 15 Sep 2023 | £65,842 | £65,000 | 20 RATCLIFFE STREET |
| 30 Jun 2023 | £63,772 | £63,000 | 11 STARKIE STREET |
| 23 Jun 2023 | £71,871 | £71,000 | 6 PINE STREET |
| 21 Mar 2023 | £85,808 | £85,000 | 7 RATCLIFFE STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 25 Apr 2017. Using an estimated price of £50,923 means this house is valued at £652 per sq meter (£60 per sq foot).
The average size of a house on HIGHFIELD STREET is 80 sq meters (864 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Highfield Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Highfield Street |