42, Bank Lane
42, Bank Lane
Description & Estimates
The public record describes 42, Bank Lane, Blackburn as an early-century house with 1,442 ft2 of internal area, sitting on a 290 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
42, Bank Lane, Blackburn has an estimated sale value of £273,576 and an estimated rental value of £1,347 per month, assuming reasonable condition and based on the information available.
Bank Lane, Blackburn, BB1 lies within the BB1 postal district.
Our Data Sources
42, Bank Lane, Blackburn has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2014.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 42, Bank Lane, Blackburn would be worth £287,255, with a potential rental value of £1,414 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £254,426, with a rental value of £1,253 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 42, Bank Lane, Blackburn has grown by £287 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £36 (2.7%). The property's estimated gross yield is currently 5.9%.
Plot Size
42, Bank Lane, Blackburn occupies a 290 m2 plot as recorded by HM Land Registry.
Of the 29 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 13th largest.
Energy Efficiency
42, Bank Lane, Blackburn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
42, Bank Lane, Blackburn last changed hands on 27th June 2003, selling for £65,000. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold twice since 1995.
- Sold Jun 2003£65,000
- Sold Nov 1997£38,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of 42, Bank Lane, Blackburn across the last 2 years.
Most recently, 2, Shadsworth Road, Blackburn, BB1 2AU, a leasehold house, sold at £225,000 on the 16th September 2024.
Read more about house prices in BB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 42, Bank Lane, Blackburn as the 3rd largest and the 4th most expensive of the 55 addresses on Bank Lane, Blackburn, BB1.
Against the BB1 postcode district average, it is £106k more expensive than the typical property.
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Schools Nearby
- 300mShadsworth Infant School
- 600mIntack Primary School
- 600mKnuzden St Oswald's Church of England Primary Academy
- 800mOur Lady and St John RC High School, a Voluntary Academy
- 1.9kmBlackburn Central High School
- 3.0kmTauheedul Islam Boys' High School
More reading links
Public Transport Nearby
Blackburn station is the nearest stop to 42, Bank Lane, Blackburn at 2.3 kilometres away.
- 2.3kmBlackburn
- 2.5kmRishton
- 3.5kmChurch & Oswaldtwistle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
