£153,431
This estimated value is based upon the latest sale price for the house of £96,500 on 1 May 2008. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£96,500 | 1 May 2008 |
£84,500 | 24 Feb 2006 |
£32,950 | 23 Jul 1999 |
£29,000 | 4 Oct 1995 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 May 2008 the House Price Index for BLACKPOOL was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £96,500 results in an estimated price of approximately £153,431.
1 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.5 | 148.6 | 58.996 % | £96,500 | £56,931 | £153,431 |
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 | 5.300 % | £5,114 | £101,614 |
3 Month Average | -7.452 % | £-7,190 | £89,309 |
6 Month Average | 5.350 % | £5,163 | £101,663 |
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 |
14 Apr 2023 | £72,784 | £72,000 | 18 DRUMMOND AVENUE |
20 Feb 2023 | £63,957 | £64,000 | 19 LARBRECK AVENUE |
7 Jul 2022 | £105,283 | £105,000 | 45 LARBRECK AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 15 Apr 2015. Using an estimated price of £153,432 means this house is valued at £1,632 per sq meter (£151 per sq foot).
The average size of a house on LARBRECK AVENUE is 86 sq meters (930 sq feet).