According to the public record, 8, Beech Close, Blackburn is a mid-century leasehold house and with 731 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Beech Close, Rishton, Blackburn, BB1 is located in the borough of Hyndburn within the BB1 postal district.
8, Beech Close, Blackburn has a single entry in the Land Registry database from December 2018 and a single entry in the EPC database dated August 2018.
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 8 Beech Close Blackburn as £150,275 and the rental value as £855 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 8 Beech Close Blackburn has increased by £5,145 (3.4%) and its rental value has increased by £20 per month (2.4%).
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 8, Beech Close, Blackburn is in very good condition we estimate a sale value of £157,789 and rental value of £898 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,756 and a rental value of £795 per month.
If you were able to purchase this property for the estimated value of £150,275, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £739 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, 8, Beech Close, Blackburn was last sold on 07 Dec 2018 for £97,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Dec 2018, the market for similar properties has risen 30.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Beech Close, Blackburn within a radius of 200m over the last 2 years.
The most recent example is 64, Station Road, Blackburn, BB1 4HF, a Leasehold house which sold for £175,000 in Jan 2024.
Read more about house prices in BB1.
Beech Close, Rishton, Blackburn, BB1 has a total of 22 addresses. According to our analysis of all the public data, 8, Beech Close, Blackburn is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in BB1.
8, Beech Close, Blackburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Aug 2018.
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 8, Beech Close, Blackburn is Rishton station which is 200 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 8, Beech 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 8, Beech 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 8, Beech 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 8, Beech 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 8, Beech 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.