2 Park Terrace

    2, PARK TERRACE, BLACKBURN, BB1 8EB

    This terraced leasehold property on Park Terrace last sold in January 2019 for £127,500. Based on price growth in the BB1 district since then, its estimated current value is £164,918 — placing it in the 16th percentile nationally and the 55th percentile within BB1. The property covers 71 m² (764 sq ft), giving an estimated value of £2,323 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £127,500

    Jan 2019

    Estimated Valuation

    £164,918

    Est. £/sq ft

    £216/sq ft

    £2,323/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateAug 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jan 2019

    £127,500

    Key Metrics

    Estimated valuation£164,918
    Value per sq ft / m²£216/sq ft (£2,323/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB1 district percentile55th percentile
    National percentile16th 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

    More properties in BB1

    Streets in BB1

    Explore nearby