8 Cherry Lea

    8, CHERRY LEA, BLACKBURN, BB2 4ST

    This terraced freehold property on Cherry Lea last sold in February 2019 for £145,000. Based on price growth in the BB2 district since then, its estimated current value is £203,690 — placing it in the 25th percentile nationally and the 63rd percentile within BB2. The property covers 72 m² (775 sq ft), giving an estimated value of £2,829 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £145,000

    Feb 2019

    Estimated Valuation

    £203,690

    Est. £/sq ft

    £263/sq ft

    £2,829/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area775 sq ft (72 m²)
    EPC dateNov 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Feb 2019

    £145,000

    7 Sept 2015

    £115,000

    Key Metrics

    Estimated valuation£203,690
    Value per sq ft / m²£263/sq ft (£2,829/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB2 district percentile63rd percentile
    National percentile25th 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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