£160,365
This estimated value is based upon the latest sale price for the house of £130,000 on 5 Dec 2018. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £130,000 | 5 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 sq feet |
This model uses changes in the Official Land Registry House Price Index for BLACKPOOL to estimate the market value.
When this house was purchased in December 2018 the House Price Index for BLACKPOOL was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £130,000 results in an estimated price of approximately £160,365.
| 5 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £130,000 | £30,365 | £160,365 |
The Postcode Pricing Model uses changes in average sales price within the FY3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -3.043 % | £-3,955 | £126,044 |
| 3 Month Average | -3.229 % | £-4,197 | £125,802 |
| 6 Month Average | 3.396 % | £4,414 | £134,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jan 2023 | £84,601 | £85,000 | 1 LYCEUM AVENUE |
| 31 Aug 2022 | £149,597 | £150,000 | 29 KENSINGTON ROAD |
| 17 Aug 2022 | £162,263 | £162,700 | 7 KENSINGTON ROAD |
| 10 Jun 2022 | £157,222 | £155,000 | 20 KENSINGTON ROAD |
| 14 Apr 2022 | £113,278 | £110,000 | 12 KENSINGTON ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 14 Jan 2013. Using an estimated price of £160,365 means this house is valued at £1,252 per sq meter (£116 per sq foot).
The average size of a house on WHITEGATE DRIVE is 93 sq meters (1,004 sq feet).