£93,403
This estimated value is based upon the latest sale price for the house of £38,500 on 7 Mar 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 |
|---|---|
| £38,500 | 7 Mar 2003 |
| £30,000 | 28 May 1999 |
| 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 2003 the House Price Index for BLACKBURN WITH DARWEN was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £38,500 results in an estimated price of approximately £93,403.
| 7 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 148.6 | 142.606 % | £38,500 | £54,903 | £93,403 |
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 | 191.469 % | £73,715 | £112,215 |
| 3 Month Average | 188.397 % | £72,532 | £111,032 |
| 6 Month Average | 157.890 % | £60,787 | £99,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2022 | £56,543 | £57,000 | 3 COLERIDGE STREET |
| 29 Jun 2022 | £77,597 | £76,500 | 13 COLERIDGE STREET |
| 3 Sep 2020 | £18,998 | £16,000 | NORTHERN HARDWARE LTD DIXON STREET |
| 8 Jan 2019 | £69,180 | £56,000 | 28 NORMAN STREET |
| 12 Oct 2017 | £246,090 | £195,000 | 75 BANK TOP |