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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, Reading Close, Blackburn is a mid-century leasehold apartment with 785 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 3, Reading Close, Blackburn is £67,374 and the estimated rental value is £554 per month.
Reading Close, Blackburn, BB1 is located within the BB1 postal district.
3, Reading Close, Blackburn has a single entry in the Land Registry from May 2017 and a single entry in the EPC database dated May 2014.
We combine this information with that 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.
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, Reading Close, Blackburn is in very good condition we estimate a sale value of £70,743 and a rental value of £582 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £62,658 and a rental value of £516 per month.
Over the last 12 months the sale value of 3 Reading Close Blackburn has increased by an estimated £1,278 (1.9%) and its rental value has increased by an estimated £12 per month (2.2%), giving an expected gross yield of 9.9%.
3, Reading Close, Blackburn has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 26 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, Electricaire.
According to HM Land Registry, 3, Reading Close, Blackburn was last sold on 2nd May 2017 for £50,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has risen 84.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Reading Close, Blackburn within a radius of 490 metres over the last 2 years.
The most recent example is 8, Brunel Drive, Blackburn, BB1 1BD, a leasehold flat which sold for £65,000 on the 25th July 2024.
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, 3, Reading Close, Blackburn is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in BB1.
The closest station to 3, 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 3, 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 3, 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 3, 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 3, 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 3, 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.
