22-27, Richmond Terrace
22-27, Richmond Terrace
Description & Estimates
22-27, Richmond Terrace, Blackburn appears in the public record as a leasehold house sitting on a 161 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 428 ft2 of internal area and a garden.
Locally, houses of this size normally have 1 bedroom.
Our estimate of the sale value of 22-27, Richmond Terrace, Blackburn is £58,713 and its rental estimate is £447 per month, given the available information and assuming reasonable condition.
Richmond Terrace, Blackburn, BB1 falls within the BB1 postal district.
Our Data Sources
22-27, Richmond Terrace, Blackburn has a single entry in the Land Registry from June 2007 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 22-27, Richmond Terrace, Blackburn, we estimate a market value of £61,649 and a rental value of £470 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £54,603 and £416 per month respectively.
Recent Market Change
Over the last year, 22-27, Richmond Terrace, Blackburn has seen its estimated sale value increase by £699 (1.2%) and its estimated rental value grow by £17 per month (3.9%). This results in an estimated gross rental yield of 9.1%.
Plot Size
HM Land Registry records the plot of land for 22-27, Richmond Terrace, Blackburn as measuring 161 m2.
Sold Prices
The most recent sale of 22-27, Richmond Terrace, Blackburn completed on 21st June 2007 at £15,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 81.5% over the period since June 2007.
- Sold Jun 2007£15,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 540 metres of 22-27, Richmond Terrace, Blackburn, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2021, was 14, Richmond Terrace, Blackburn, BB1 7BQ, a freehold house which sold for £105,000.
Read more about house prices in BB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 12 addresses on Richmond Terrace, Blackburn, BB1, 22-27, Richmond Terrace, Blackburn comes out as the 11th largest and the 12th most expensive in our analysis of the public data.
It is also £109k less expensive than the average property across the BB1 district.
More reading links
Schools Nearby
- 300mSt Michael With St John CofE Primary School
- 400mSt Anne's Roman Catholic Primary School Blackburn
- 700mSt Alban's Roman Catholic Primary School Blackburn
- 900mQueen Elizabeth's Grammar School
- 1.0kmTauheedul Islam Boys' High School
- 1.1kmSt Wilfrid's Church of England Academy
More reading links
Public Transport Nearby
From 22-27, Richmond Terrace, Blackburn, the nearest station is Blackburn, 500 metres away.
- 500mBlackburn
- 2.1kmMill Hill (Lancs)
- 3.0kmCherry Tree
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
