According to the public record, 8, Petre Crescent, Blackburn is a modern leasehold house and with 947 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Petre Crescent, Rishton, Blackburn, BB1 is located in the borough of Hyndburn within the BB1 postal district.
8, Petre Crescent, Blackburn has 31 entries in the Land Registry database, most recently in October 2023 and 2 entries in the EPC database, most recently in June 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 Petre Crescent Blackburn as £205,134 and the rental value as £951 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 8 Petre Crescent Blackburn has increased by £11,336 (5.5%) and its rental value has increased by £41 per month (4.3%).
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, Petre Crescent, Blackburn is in very good condition we estimate a sale value of £215,390 and rental value of £998 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,774 and a rental value of £884 per month.
If you were able to purchase this property for the estimated value of £205,134, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,008 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, Petre Crescent, Blackburn was last sold on 27 Oct 2023 for £195,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Oct 2023, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Petre Crescent, Blackburn within a radius of 167m over the last 2 years.
The most recent example is 36, Walmsley Avenue, Blackburn, BB1 4RE, a Leasehold house which sold for £250,000 in Oct 2023.
Read more about house prices in BB1.
Petre Crescent, Rishton, Blackburn, BB1 has a total of 110 addresses. According to our analysis of all the public data, 8, Petre Crescent, Blackburn is the 34th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in BB1.
8, Petre Crescent, Blackburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jun 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, Petre Crescent, Blackburn is Rishton station which is 500 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, Petre Crescent, Blackburn, 48.0% of property is privately owned outright and 42.0% 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, Petre Crescent, Blackburn, 14.9% of residents are recorded as possessing school level qualifications and 33.4% 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 8, Petre Crescent, 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, Petre Crescent, Blackburn, 2.6% 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, Petre Crescent, Blackburn, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.