£141,004
This estimated value is based upon the latest sale price for the house of £63,750 on 7 Nov 2003. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £63,750 | 7 Nov 2003 |
| £49,500 | 27 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 November 2003 the House Price Index for BLACKPOOL was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £63,750 results in an estimated price of approximately £141,004.
| 7 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £63,750 | £77,254 | £141,004 |
The Postcode Pricing Model uses changes in average sales price within the FY1 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 | 17.034 % | £10,859 | £74,609 |
| 3 Month Average | 35.138 % | £22,400 | £86,150 |
| 6 Month Average | 60.055 % | £38,285 | £102,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £65,000 | £65,000 | 20 MILBOURNE STREET |
| 25 Mar 2024 | £85,000 | £85,000 | 8 MILBOURNE STREET |
| 18 Dec 2023 | £101,781 | £100,000 | 26 GROSVENOR STREET |
| 9 Nov 2023 | £96,428 | £95,000 | 18 CHARLES STREET |
| 21 Jul 2023 | £60,819 | £60,000 | 14A MILBOURNE STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Jun 2018. Using an estimated price of £141,004 means this house is valued at £1,566 per sq meter (£145 per sq foot).
The average size of a house on MILBOURNE STREET is 107 sq meters (1,153 sq feet).