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According to the public record, 196, Redlam, Blackburn is a period Leasehold apartment with 269 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 196, Redlam, Blackburn is £77,598 and the estimated rental value is £625 per month.
The apartment is within 196, Redlam, Blackburn, BB2.
Redlam, Blackburn, BB2 is located within the BB2 postal district.
196, Redlam, Blackburn has 31 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 196, Redlam, Blackburn is in very good condition we estimate a sale value of £81,478 and a rental value of £656 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £72,167 and a rental value of £581 per month.
Over the last 12 months the sale value of 196 Redlam Blackburn has increased by an estimated £5 (0.0%) and its rental value has increased by an estimated £17 per month (2.8%), giving an expected gross yield of 9.7%.
196, Redlam, Blackburn has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Sep 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 196, Redlam, Blackburn was last sold on 30th August 2024 for £79,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2024, the market for similar properties has dropped 31.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 610 metres radius of 196, Redlam, Blackburn over the last 2 years.
The most recent example is 190A, Redlam, Blackburn, BB2 1XQ, a leasehold flat which sold for £45,000 on the 2nd September 2022.
Read more about house prices in BB2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redlam, Blackburn, BB2 has a total of 134 addresses. According to our analysis of all the public data, 196, Redlam, Blackburn is the 134th largest and the 128th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in BB2.
The closest station to 196, Redlam, Blackburn is Mill Hill (Lancs) station which is 800 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 196, Redlam, Blackburn, 38.8% of property is privately owned outright and 32.2% is privately owned with a mortgage.
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 196, Redlam, Blackburn, 20.8% of residents are recorded as possessing school level qualifications and 30.1% 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 196, Redlam, Blackburn, the average age was 34.1 and the most common age was 12.
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 196, Redlam, 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 196, Redlam, Blackburn, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.