£116,353
This estimated value is based upon the latest sale price for the house of £75,000 on 26 Nov 2007. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £75,000 | 26 Nov 2007 |
| £11,000 | 10 Jul 1998 |
| Terraced |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 November 2007 the House Price Index for BLACKBURN WITH DARWEN was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £75,000 results in an estimated price of approximately £116,353.
| 26 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £75,000 | £41,353 | £116,353 |
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 | 21.048 % | £15,785 | £90,785 |
| 3 Month Average | 7.742 % | £5,806 | £80,806 |
| 6 Month Average | 14.003 % | £10,502 | £85,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £62,086 | £61,000 | 81 REDEARTH ROAD |
| 29 Mar 2023 | £61,580 | £61,000 | 71 REDEARTH ROAD |
| 15 Jul 2022 | £81,219 | £81,000 | 27 NANCY STREET |
| 17 Jun 2022 | £62,889 | £62,000 | 15 NANCY STREET |
| 8 Apr 2022 | £66,937 | £65,000 | 1 PRIMROSE TERRACE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 3 Oct 2019. Using an estimated price of £116,354 means this house is valued at £1,551 per sq meter (£144 per sq foot).
The average size of a house on REDEARTH ROAD is 108 sq meters (1,170 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamer Street |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near India Street |