£122,545
This estimated value is based upon the latest sale price for the house of £59,950 on 16 Apr 2004. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £59,950 | 16 Apr 2004 |
| £43,950 | 20 Jun 2002 |
| £20,000 | 17 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 April 2004 the House Price Index for BLACKPOOL was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £59,950 results in an estimated price of approximately £122,545.
| 16 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £59,950 | £62,595 | £122,545 |
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 | 10.240 % | £6,138 | £66,088 |
| 3 Month Average | 21.039 % | £12,612 | £72,562 |
| 6 Month Average | 41.460 % | £24,855 | £84,805 |
| 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 121 sq meters or 1,302 sq feet when measured on 20 Mar 2016. Using an estimated price of £122,545 means this house is valued at £1,012 per sq meter (£94 per sq foot).
The average size of a house on MILBOURNE STREET is 107 sq meters (1,153 sq feet).