£306,395
This estimated value is based upon the latest sale price for the house of £265,000 on 21 Dec 2020. 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 Millwood Mews
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| Price Paid | Date |
|---|---|
| £265,000 | 21 Dec 2020 |
| £249,950 | 17 May 2019 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 December 2020 the House Price Index for BLACKBURN WITH DARWEN was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £265,000 results in an estimated price of approximately £306,395.
| 21 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £265,000 | £41,395 | £306,395 |
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 | -22.825 % | £-60,487 | £204,512 |
| 3 Month Average | 5.313 % | £14,078 | £279,078 |
| 6 Month Average | 4.530 % | £12,004 | £277,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £198,043 | £195,000 | 453 LIVESEY BRANCH ROAD |
| 28 Apr 2023 | £231,327 | £227,000 | 399 LIVESEY BRANCH ROAD |
| 23 Mar 2023 | £216,109 | £212,500 | 5 MOORLAND DRIVE |
| 12 Jan 2023 | £336,900 | £336,000 | 11 THE FALLOWS |
| 8 Aug 2022 | £195,916 | £195,000 | 3 COCKRIDGE AVENUE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 17 May 2019. Using an estimated price of £306,395 means this house is valued at £2,375 per sq meter (£220 per sq foot).
The average size of a house on MILLWOOD MEWS is 157 sq meters (1,696 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Millwood Mews |
| Jun 2024 | Other crime | Local resolution | On or near Treetops Close |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Treetops Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Grove |
| Jun 2024 | Anti-social behaviour | On or near The Fallows |