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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, 3, Elder Close, Blackburn is a modern freehold house with 1,356 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Elder Close, Blackburn is £364,021 and the estimated rental value is £1,695 per month.
Elder Close, Blackburn, BB2 is located within the BB2 postal district.
3, Elder Close, Blackburn has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 3, Elder Close, Blackburn is in very good condition we estimate a sale value of £382,223 and a rental value of £1,780 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £338,540 and a rental value of £1,576 per month.
Over the last 12 months the sale value of 3 Elder Close Blackburn has increased by an estimated £2,883 (0.8%) and its rental value has increased by an estimated £54 per month (3.2%), giving an expected gross yield of 5.6%.
3, Elder Close, Blackburn has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Elder Close, Blackburn was last sold on 2nd June 2023 for £342,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped 42.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Elder Close, Blackburn within a radius of 990 metres over the last 2 years.
The most recent example is 10, Elder Close, Blackburn, BB2 5FY, a freehold house which sold for £334,995 on the 28th July 2023.
Read more about house prices in BB2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Close, Blackburn, BB2 has a total of 11 addresses. According to our analysis of all the public data, 3, Elder Close, Blackburn is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £186k more expensive than the average property in BB2.
The closest station to 3, Elder Close, Blackburn is Cherry Tree station which is 1.5 kilometres away.
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 3, Elder Close, Blackburn, 47.4% of property is privately owned outright and 45.8% 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 3, Elder Close, Blackburn, 16.4% of residents are recorded as possessing school level qualifications and 36.7% 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 3, Elder Close, Blackburn, the average age was 44.6 and the most common age was 52.
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 3, Elder Close, Blackburn, 0.7% 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 3, Elder Close, Blackburn, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
