£94,013
This estimated value is based upon the latest sale price for the house of £60,000 on 22 Feb 2008. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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Price Paid | Date |
---|---|
£60,000 | 22 Feb 2008 |
£24,995 | 9 Jul 1998 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 February 2008 the House Price Index for BLACKBURN WITH DARWEN was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £60,000 results in an estimated price of approximately £94,013.
22 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 148.6 | 56.689 % | £60,000 | £34,013 | £94,013 |
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 | 37.097 % | £22,258 | £82,258 |
3 Month Average | 9.738 % | £5,842 | £65,842 |
6 Month Average | 12.853 % | £7,711 | £67,711 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £46,564 | £46,000 | 20 GARNETT STREET |
13 Mar 2023 | £93,885 | £93,000 | 83 SUDELLSIDE STREET |
14 Feb 2023 | £94,936 | £95,000 | 28 VERNON STREET |
2 Feb 2023 | £61,459 | £61,500 | 29 GARNETT STREET |
28 May 2022 | £95,805 | £94,000 | 10 ROSE STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 16 Mar 2016. Using an estimated price of £94,014 means this house is valued at £1,620 per sq meter (£150 per sq foot).
The average size of a house on NORRIS STREET is 80 sq meters (868 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).