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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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2, New Bank Road, Blackburn is described in the public record as a period apartment with 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, New Bank Road, Blackburn is £45,481 and its rental estimate is £422 per month, given the available information and assuming reasonable condition.
2, New Bank Road is a residential building on New Bank Road, Blackburn, BB2 and falls within the BB2 postal district.
2, New Bank Road, Blackburn has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, New Bank Road, Blackburn, we estimate a market value of £47,755 and a rental value of £443 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £42,297 and £393 per month respectively.
Over the last year, 2, New Bank Road, Blackburn has seen its estimated sale value decline by £247 (0.5%) and its estimated rental value climb by £9 per month (2.1%). This results in an estimated gross rental yield of 11.1%.
2, New Bank Road, Blackburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, New Bank Road, Blackburn completed on 17th August 2001 at £40,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Over the past 2 years 2 properties similar to 2, New Bank Road, Blackburn have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st July 2016, was 1A, Wellfield Road, Blackburn, BB2 6HE, a leasehold flat which sold for £36,000.
Read more about house prices in BB2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 119 addresses on New Bank Road, Blackburn, BB2, 2, New Bank Road, Blackburn comes out as the 115th largest and the 117th most expensive in our analysis of the public data.
It is also £131k less expensive than the average property across the BB2 district.
From 2, New Bank Road, Blackburn, the nearest station is Blackburn, 1.7 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, New Bank Road, Blackburn, 37.0% of property is privately owned outright and 34.7% is privately rented.
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 2, New Bank Road, Blackburn, 34.5% of residents are recorded as possessing school level qualifications and 23.3% 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 2, New Bank Road, 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 2, New Bank Road, 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 2, New Bank Road, Blackburn, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
