£359,590
This estimated value is based upon the latest sale price for the house of £296,995 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £296,995 | 22 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2019 the House Price Index for BLACKBURN WITH DARWEN was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.076%.Applying this 21.076% change to the original purchase price of £296,995 results in an estimated price of approximately £359,590.
| 22 Nov 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.076 % | £296,995 | £62,595 | £359,590 |
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 | 18.569 % | £55,149 | £352,144 |
| 3 Month Average | 19.864 % | £58,995 | £355,990 |
| 6 Month Average | 1.346 % | £3,996 | £300,991 |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 12 Nov 2019.
The average size of a house on GIB LANE is 133 sq meters (1,441 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Broken Stone Road |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Broken Stone Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Risedale Grove |
| Dec 2023 | Possession of weapons | Further action is not in the public interest | On or near Higher House Close |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Higher House Close |