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8, Palm Street, Blackburn is described in the public record as a modern house with 624 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 8, Palm Street, Blackburn is £103,728 and its rental estimate is £791 per month, given the available information and assuming reasonable condition.
Palm Street, Blackburn, BB1 falls within the BB1 postal district.
8, Palm Street, Blackburn has no records in the the Land Registry and a single entry in the EPC database dated August 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 8, Palm Street, Blackburn, we estimate a market value of £108,914 and a rental value of £830 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £96,467 and £735 per month respectively.
Over the last year, 8, Palm Street, Blackburn has seen its estimated sale value increase by £1,235 (1.2%) and its estimated rental value grow by £31 per month (3.9%). This results in an estimated gross rental yield of 9.1%.
8, Palm Street, Blackburn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Aug 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 8, Palm Street, Blackburn have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th July 2024, was 8, Pelham Street, Blackburn, BB1 5LA, a freehold house which sold for £100,000.
Read more about house prices in BB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 14 addresses on Palm Street, Blackburn, BB1, 8, Palm Street, Blackburn comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £64k less expensive than the average property across the BB1 district.
From 8, Palm Street, Blackburn, the nearest station is Blackburn, 1.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 8, Palm Street, Blackburn, 30.5% of property is socially rented and 26.2% 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 8, Palm Street, Blackburn, 34.0% of residents are recorded as possessing school level qualifications and 24.0% 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 8, Palm Street, Blackburn, the average age was 32.6 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 8, Palm Street, 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 8, Palm Street, Blackburn, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.