According to the public record, 16, Elm Close, Blackburn is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,004 ft2 of internal area and sits on a 559 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Elm Close, Rishton, Blackburn, BB1 is located in the borough of Hyndburn within the BB1 postal district.
16, Elm Close, Blackburn has a single entry in the Land Registry database from August 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Elm Close Blackburn as £210,926 and the rental value as £982 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 16 Elm Close Blackburn has increased by £5,592 (2.7%) and its rental value has increased by £16 per month (1.6%).
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 16, Elm Close, Blackburn is in very good condition we estimate a sale value of £221,472 and rental value of £1,031 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,161 and a rental value of £913 per month.
If you were able to purchase this property for the estimated value of £210,926, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,037 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, 16, Elm Close, Blackburn sits on a plot of 559m2.
We have plot size data on 10 out of 19 other houses in the postcode and 16, Elm Close, Blackburn sits on the 3rd largest plot.
According to HM Land Registry, 16, Elm Close, Blackburn was last sold on 04 Aug 2020 for £165,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Aug 2020, the market for similar properties has risen 19.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Elm Close, Blackburn within a radius of 88m over the last 2 years.
The most recent example is 5, Cedar Close, Blackburn, BB1 4HJ, a Leasehold house which sold for £218,000 in Mar 2023.
Read more about house prices in BB1.
Elm Close, Rishton, Blackburn, BB1 has a total of 19 addresses. According to our analysis of all the public data, 16, Elm Close, Blackburn is the 7th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in BB1.
The closest station to 16, Elm Close, Blackburn is Rishton station which is 300 m 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 16, Elm Close, Blackburn, 58.3% of property is privately owned outright and 30.4% is privately owned with a mortgage.
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 16, Elm Close, Blackburn, 13.8% of residents are recorded as possessing school level qualifications and 33.8% 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 16, Elm Close, Blackburn, the average age was 41.7 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 16, Elm Close, Blackburn, 1.9% 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 16, Elm 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.