According to the public record, 1, Drakes Close, Blackburn is a modern leasehold house with 914 ft2 of internal area and sits on a 6,366 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Drakes Close, Blackburn, BB2 is located within the BB2 postal district.
1, Drakes Close, Blackburn has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated January 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Drakes Close Blackburn as £83,315 and the rental value as £536 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 1 Drakes Close Blackburn has increased by £1,505 (1.8%) and its rental value has increased by £23 per month (4.4%).
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 1, Drakes Close, Blackburn is in very good condition we estimate a sale value of £87,481 and rental value of £563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,483 and a rental value of £499 per month.
If you were able to purchase this property for the estimated value of £83,315, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £409 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Drakes Close, Blackburn sits on a plot of 6366m2.
We have plot size data on 13 out of 13 other houses in the postcode and 1, Drakes Close, Blackburn sits on the largest plot.
According to HM Land Registry, 1, Drakes Close, Blackburn was last sold on 18 Nov 2019 for £62,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 28.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Drakes Close, Blackburn within a radius of 500 metres over the last 2 years.
The most recent example is 125, Bonsall Street, Blackburn, BB2 4DD, a Freehold house which sold for £67,000 in Sep 2023.
Read more about house prices in BB2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drakes Close, Blackburn, BB2 has a total of 13 addresses. According to our analysis of all the public data, 1, Drakes Close, Blackburn is the 2nd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in BB2.
1, Drakes Close, Blackburn has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jan 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1, Drakes Close, Blackburn is Mill Hill (Lancs) station which is 500 metres 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 1, Drakes Close, Blackburn, 45.1% of property is privately owned with a mortgage and 36.6% is privately owned outright.
The graph below shows how this compares to Greater London 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 1, Drakes Close, Blackburn, 20.8% of residents are recorded as possessing school level qualifications and 29.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Drakes Close, Blackburn, the average age was 40.8 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 1, Drakes Close, Blackburn, 0.8% 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 1, Drakes Close, Blackburn, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.