According to the public record, 73B, Parklands Way, Blackburn is a mid-century leasehold apartment and with 509 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 73, Parklands Way, Blackburn, BB2.
Parklands Way, Blackburn, BB2 is located within the BB2 postal district.
73B, Parklands Way, Blackburn has a single entry in the Land Registry database from December 2011 and 2 entries in the EPC database, most recently in June 2011.
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 73B Parklands Way Blackburn as £50,550 and the rental value as £420 per month giving an expected gross yield of 10%.
Over the last 12 months the sale value of 73B Parklands Way Blackburn has increased by £413 (0.8%) and its rental value has increased by £14 per month (3.4%).
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 73B, Parklands Way, Blackburn is in very good condition we estimate a sale value of £53,078 and rental value of £441 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £47,012 and a rental value of £390 per month.
If you were able to purchase this property for the estimated value of £50,550, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £248 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, 73B, Parklands Way, Blackburn was last sold on 02 Dec 2011 for £38,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2011, the market for similar properties has risen 31.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 73B, Parklands Way, Blackburn within a radius of 250m over the last 2 years.
The most recent example is 21B, Heys Close, Blackburn, BB2 4PF, a Leasehold flat which sold for £44,450 in Dec 2009.
Read more about house prices in BB2.
Parklands Way, Blackburn, BB2 has a total of 98 addresses. According to our analysis of all the public data, 73B, Parklands Way, Blackburn is the 92nd largest and the 86th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in BB2.
73B, Parklands Way, Blackburn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jun 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 73B, Parklands Way, Blackburn is Mill Hill (Lancs) station which is 1.2 km 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 73B, Parklands Way, Blackburn, 68.7% of property is socially rented and 12.9% 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 73B, Parklands Way, Blackburn, 31.8% of residents are recorded as possessing school level qualifications and 15.0% 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 73B, Parklands Way, Blackburn, the average age was 40.8 and the most common age was 12.
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 73B, Parklands Way, 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 73B, Parklands Way, Blackburn, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.