£103,801
This estimated value is based upon the latest sale price for the house of £75,000 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £75,000 | 11 Dec 2015 |
| £69,950 | 12 Dec 2003 |
| £29,000 | 15 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2015 the House Price Index for BLACKPOOL was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £75,000 results in an estimated price of approximately £103,801.
| 11 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £75,000 | £28,801 | £103,801 |
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 | 22.623 % | £16,967 | £91,967 |
| 3 Month Average | 8.626 % | £6,469 | £81,469 |
| 6 Month Average | 20.737 % | £15,552 | £90,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £147,582 | £145,000 | 1A LARBRECK AVENUE |
| 19 Sep 2023 | £60,777 | £60,000 | 49 DRUMMOND AVENUE |
| 20 Feb 2023 | £63,957 | £64,000 | 19 LARBRECK AVENUE |
| 7 Jul 2022 | £105,283 | £105,000 | 45 LARBRECK AVENUE |
| 9 May 2022 | £145,746 | £143,000 | 66 LARBRECK AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 1 Jun 2012. Using an estimated price of £103,801 means this house is valued at £1,421 per sq meter (£132 per sq foot).
The average size of a house on LARBRECK AVENUE is 86 sq meters (930 sq feet).