Which Home Improvements Add Value To Your Home?
Explore which home improvements can not only enhance your living space but also increase your property's value
12, Spring Vale, Turton, Bolton, Blackburn With Darwen, BL7 0FS See map
12 Spring Vale is a flat with a valuation of £191,000.
Since the property was last sold in July 2018 for £160,000, its value has risen by £31,000.
Valuation Trends
Sold property prices and home valuation trends over time
Learn about how we value property
Property Summary
Flat features, location, and investment performance
12 Spring Vale is a leasehold flat. If the property has typical features for the street, its size would be expected to be between 620 and 670 sq ft, based on the £286 to £307 average cost per sq ft for flats on Spring Vale.
The property wasn't a good investment for its previous owner, who made a £12,450 loss between December 2009 and July 2018.
Investment
12, Spring Vale, Turton, Bolton, Blackburn With Darwen BL7 0FS
Sold Prices
Timeline of sold property prices
Since 12 Spring Vale's first recorded sale in 2009, the flat's price has risen by £18,550 or 1% per year.
During the same period, the price of an average home on Spring Vale increased by £73,000 or 3% per year, and the average UK home increased by 5% per year.
- Current valuation£191,000
Flat leasehold
+ 19% - Sold July 2018£160,000
Flat leasehold
- 7% - Sold December 2009£172,450
Flat leasehold new-build
Valuation Comparison
Comparison of local and national property prices
House Prices in Spring Vale start at £115,000 for the cheapest property on the street, rising to £503,000 for the most expensive.
12 Spring Vale is worth 29% less than the £269,000 average property on Spring Vale and 36% less than the £300,000 average home in England.
Average Flat Prices in North West England
AREA
VALUE
Difference
12 Spring Vale
£191,000
Recently sold nearby
View allValuation details
Property valuation details and commonly asked questions
In this section
- How is the property valuation estimated?
- Where are the figures sourced?
- What should I do if the details are incorrect?
How is the property valuation estimated?
Every month, our Automated Valuation Model (AVM) determines property values.
Our AVM collects data from reputable sources, like HM Land Registry, and uses the data to estimate what each property is worth.
In our tests, we have found that the sale price of a property falls within our AVM's confidence range in most cases. However, there are scenarios where the valuations are not accurate. For example, if significant alterations have been made to a property recently or if a property is unique with few comparables.
For more details on the workings of our AVM, including its strengths, limitations, and how it measures up to traditional valuation methods, please refer to our guide 'How We Value Property'.
We try to make the valuations as accurate as possible, but they are estimates. When buying or selling property, you should speak to a qualified professional.
Where are the figures sourced?
Sold property prices, and data on property types/tenures, are sourced from the HM Land Registry.
There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.
What should I do if the details are incorrect?
We generate all our property valuations programmatically. They cannot be manually edited based on new information, such as evidence of redevelopment.
If sold property prices or property types are incorrect, you should verify them with HM Land Registry. You can notify HM Land Registry of any errors.
Related guides
First-Time Home Buyer Guide
Navigating the homeownership journey as a beginner - topics explained, useful tips, and helpful resources
How To Make an Offer and Negotiate for a House
Key steps for determining the right initial offer for a house, and how to navigate the negotiation process towards a final price