493 Preston New Road

    493, PRESTON NEW ROAD, BLACKBURN, BB2 7AN

    This detached leasehold property on Preston New Road last sold in September 2015 for £370,000. Based on price growth in the BB2 district since then, its estimated current value is £515,727 — placing it in the 80th percentile nationally and the 97th percentile within BB2. The property covers 225 m² (2,422 sq ft), giving an estimated value of £2,292 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    2,422 sq ft

    225 m²

    Last Sale Price

    £370,000

    Sept 2015

    Estimated Valuation

    £515,727

    Est. £/sq ft

    £213/sq ft

    £2,292/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms11
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,422 sq ft (225 m²)
    EPC dateApr 2012
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas, Boiler and radiators, mains gas

    Transaction History

    22 Sept 2015

    £370,000

    31 Mar 2000

    £183,629

    Key Metrics

    Estimated valuation£515,727
    Value per sq ft / m²£213/sq ft (£2,292/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB2 district percentile97th percentile
    National percentile80th 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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