According to the public record, 8, New Chapel Street, Blackburn is a period freehold house with 839 ft2 of internal area and sits on a 67.9 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
New Chapel Street, Blackburn, BB2 is located within the BB2 postal district.
8, New Chapel Street, Blackburn has 41 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated April 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 8 New Chapel Street Blackburn as £82,730 and the rental value as £547 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 8 New Chapel Street Blackburn has increased by £3,883 (4.7%) and its rental value has increased by £40 per month (7.3%).
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, New Chapel Street, Blackburn is in very good condition we estimate a sale value of £86,866 and rental value of £575 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £76,939 and a rental value of £509 per month.
If you were able to purchase this property for the estimated value of £82,730, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £407 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, 8, New Chapel Street, Blackburn sits on a plot of 68m2.
We have plot size data on 12 out of 18 other houses in the postcode and 8, New Chapel Street, Blackburn sits on the 4th largest plot.
According to HM Land Registry, 8, New Chapel Street, Blackburn was last sold on 18 Sep 2023 for £92,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Sep 2023, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, New Chapel Street, Blackburn within a radius of 510 metres over the last 2 years.
The most recent example is 17, Lindley Street, Blackburn, BB2 2RJ, a Freehold house which sold for £83,000 in Nov 2023.
Read more about house prices in BB2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Chapel Street, Blackburn, BB2 has a total of 47 addresses. According to our analysis of all the public data, 8, New Chapel Street, Blackburn is the 15th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in BB2.
8, New Chapel Street, Blackburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 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 8, New Chapel Street, Blackburn is Mill Hill (Lancs) station which is 100 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 8, New Chapel Street, Blackburn, 55.8% of property is privately rented and 18.8% is socially 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 8, New Chapel Street, Blackburn, 22.4% of residents are recorded as possessing school level qualifications and 29.5% 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, New Chapel Street, Blackburn, the average age was 36 and the most common age was 32.
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, New Chapel 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, New Chapel Street, 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.