60 - 62 Preston New Road

    60 - 62, PRESTON NEW ROAD, BLACKBURN, BB2 6BH

    This terraced freehold property on Preston New Road last sold in May 2015 for £70,000. Based on price growth in the BB2 district since then, its estimated current value is £113,405 — placing it in the 6th percentile nationally and the 27th percentile within BB2. The property covers 123 m² (1,324 sq ft), giving an estimated value of £922 per m². The EPC rating is G, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,324 sq ft

    123 m²

    Last Sale Price

    £70,000

    May 2015

    Estimated Valuation

    £113,405

    Est. £/sq ft

    £86/sq ft

    £922/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentG
    EPC potentialC
    Floor area1,324 sq ft (123 m²)
    EPC dateJan 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    28 May 2015

    £70,000

    Key Metrics

    Estimated valuation£113,405
    Value per sq ft / m²£86/sq ft (£922/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB2 district percentile27th percentile
    National percentile6th 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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