£171,711
This estimated value is based upon the latest sale price for the house of £110,000 on 28 Sep 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 |
|---|---|
| £110,000 | 28 Sep 2007 |
| £58,500 | 22 Jul 2004 |
| £30,000 | 31 Oct 2003 |
| £15,500 | 30 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 September 2007 the House Price Index for BLACKBURN WITH DARWEN was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £110,000 results in an estimated price of approximately £171,711.
| 28 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £110,000 | £61,711 | £171,711 |
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 | 8.005 % | £8,805 | £118,805 |
| 3 Month Average | 23.981 % | £26,378 | £136,378 |
| 6 Month Average | 28.934 % | £31,827 | £141,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £76,127 | £75,000 | 221 WENSLEY ROAD |
| 29 Sep 2023 | £55,712 | £55,000 | 266 WENSLEY ROAD |
| 8 Sep 2023 | £111,425 | £110,000 | 288 WENSLEY ROAD |
| 1 Aug 2023 | £101,891 | £101,000 | 174 WENSLEY ROAD |
| 23 Jun 2023 | £98,189 | £97,000 | 219 WENSLEY ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 19 Jul 2016. Using an estimated price of £171,712 means this house is valued at £1,951 per sq meter (£181 per sq foot).
The average size of a house on WENSLEY ROAD is 91 sq meters (986 sq feet).