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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 10, Reading Close, Blackburn is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 566 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 10, Reading Close, Blackburn is £58,479 and the estimated rental value is £535 per month.
Reading Close, Blackburn, BB1 is located within the BB1 postal district.
10, Reading Close, Blackburn has a single entry in the Land Registry from May 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 10, Reading Close, Blackburn is in very good condition we estimate a sale value of £61,403 and a rental value of £561 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £54,385 and a rental value of £497 per month.
Over the last 12 months the sale value of 10 Reading Close Blackburn has increased by an estimated £1,109 (1.9%) and its rental value has increased by an estimated £12 per month (2.2%), giving an expected gross yield of 11%.
According to HM Land Registry, 10, Reading Close, Blackburn was last sold on 27th May 2011 for £52,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2011, the market for similar properties has risen 79.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Reading Close, Blackburn within a radius of 470 metres over the last 2 years.
The most recent example is 16, Dundee Drive, Blackburn, BB1 1LR, a leasehold flat which sold for £54,000 on the 15th August 2023.
Read more about house prices in BB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reading Close, Blackburn, BB1 has a total of 11 addresses. According to our analysis of all the public data, 10, Reading Close, Blackburn is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in BB1.
The closest station to 10, Reading Close, Blackburn is Blackburn station which is 600 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, Reading Close, Blackburn, 41.5% of property is socially rented and 39.0% is privately owned outright.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 10, Reading Close, Blackburn, 26.6% of residents are recorded as possessing school level qualifications and 19.8% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 10, Reading Close, Blackburn, the average age was 32.8 and the most common age was 17.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 10, Reading Close, Blackburn, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 10, Reading Close, Blackburn, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
