1 Observatory Road

    1, OBSERVATORY ROAD, BLACKBURN, BB2 3HE

    This semi-detached leasehold property on Observatory Road last sold in May 2020 for £120,000. Based on price growth in the BB2 district since then, its estimated current value is £142,388 — placing it in the 11th percentile nationally and the 41st percentile within BB2. The property covers 62 m² (667 sq ft), giving an estimated value of £2,297 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £120,000

    May 2020

    Estimated Valuation

    £142,388

    Est. £/sq ft

    £213/sq ft

    £2,297/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateNov 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 May 2020

    £120,000

    5 Feb 2003

    £58,000

    Key Metrics

    Estimated valuation£142,388
    Value per sq ft / m²£213/sq ft (£2,297/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB2 district percentile41st percentile
    National percentile11th percentile

    District Context — BB2

    BB2 covers parts of East Lancashire, including areas around Blackburn and surrounding neighbourhoods. It is a working-class district with a diverse population, affordable housing, and a strong community focus.

    Average Property Price - BB2

    £205,895

    14

    National percentile

    Average Net Household Income - BB2

    £30,753

    10

    National percentile

    10-Year Annualised Price Growth - BB2

    5.2%

    91

    National percentile

    10-Year Annualised Rent Growth - BB

    3.9%

    49

    National percentile

    View full analysis for BB2

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