According to the public record, 40, Laburnum Road, Blackburn is a early-century leasehold house with 1,044 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Laburnum Road, Blackburn, BB1 is located within the BB1 postal district.
40, Laburnum Road, Blackburn has a single entry in the Land Registry database from September 2017 and a single entry in the EPC database dated October 2023.
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 40 Laburnum Road Blackburn as £145,512 and the rental value as £856 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 40 Laburnum Road Blackburn has increased by £6,591 (4.5%) and its rental value has increased by £36 per month (4.2%).
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 40, Laburnum Road, Blackburn is in very good condition we estimate a sale value of £152,788 and rental value of £899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £135,326 and a rental value of £796 per month.
If you were able to purchase this property for the estimated value of £145,512, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £715 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 HM Land Registry, 40, Laburnum Road, Blackburn was last sold on 08 Sep 2017 for £77,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Sep 2017, the market for similar properties has risen 37.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Laburnum Road, Blackburn within a radius of 600 metres over the last 2 years.
The most recent example is 7, Laburnum Road, Blackburn, BB1 5PY, a Freehold house which sold for £150,000 in Feb 2024.
Read more about house prices in BB1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laburnum Road, Blackburn, BB1 has a total of 84 addresses. According to our analysis of all the public data, 40, Laburnum Road, Blackburn is the 23rd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in BB1.
40, Laburnum Road, Blackburn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 40, Laburnum Road, Blackburn is Ramsgreave & Wilpshire station which is 2.0 kilometres 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 40, Laburnum Road, Blackburn, 43.8% of property is privately owned outright and 30.1% is privately rented.
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 40, Laburnum Road, Blackburn, 7.7% of residents are recorded as possessing school level qualifications and 24.4% 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 40, Laburnum Road, Blackburn, the average age was 37.7 and the most common age was 2.
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 40, Laburnum Road, 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 40, Laburnum Road, Blackburn, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.