2 Merchants House Merchants Quay

    2 MERCHANTS HOUSE, MERCHANTS QUAY, BLACKBURN, BLACKBURN, BB1 1ED

    This flat/maisonette leasehold property on Merchants Quay last sold in April 2004 for £48,600. Based on price growth in the BB1 district since then, its estimated current value is £61,080 — placing it in the 0th percentile nationally and the 5th percentile within BB1. The property covers 40 m² (431 sq ft), giving an estimated value of £1,527 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £48,600

    Apr 2004

    Estimated Valuation

    £61,080

    Est. £/sq ft

    £142/sq ft

    £1,527/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area431 sq ft (40 m²)
    EPC dateJan 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    2 Apr 2004

    £48,600

    11 Oct 1996

    New build

    £30,500

    Key Metrics

    Estimated valuation£61,080
    Value per sq ft / m²£142/sq ft (£1,527/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB1 district percentile5th percentile
    National percentile0th percentile

    District Context — BB1

    BB1 covers Blackburn town centre and surrounding inner-city neighbourhoods in Lancashire, positioned at the heart of East Lancashire's urban landscape. The area is characterised by strong community ties, affordable housing, and a diverse economic base rooted in retail, services, and skilled trades.

    Average Property Price - BB1

    £186,160

    9

    National percentile

    Average Net Household Income - BB1

    £30,392

    8

    National percentile

    10-Year Annualised Price Growth - BB1

    3.8%

    58

    National percentile

    10-Year Annualised Rent Growth - BB

    3.9%

    49

    National percentile

    View full analysis for BB1

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