£167,026
This estimated value is based upon the latest sale price for the house of £155,000 on 20 Sep 2021. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£155,000 | 20 Sep 2021 |
£60,000 | 11 Sep 2017 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 September 2021 the House Price Index for BLACKPOOL was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £155,000 results in an estimated price of approximately £167,026.
20 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £155,000 | £12,026 | £167,026 |
The Postcode Pricing Model uses changes in average sales price within the FY4 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 | 4.250 % | £6,586 | £161,586 |
3 Month Average | -7.664 % | £-11,878 | £143,121 |
6 Month Average | -2.801 % | £-4,341 | £150,658 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £96,230 | £95,000 | 16 DEVONA AVENUE |
23 Jun 2023 | £93,128 | £92,000 | 18 KUMARA CRESCENT |
14 Sep 2022 | £85,311 | £86,000 | 6 KUMARA CRESCENT |
23 Jun 2022 | £218,082 | £215,000 | 4 CLIFTON ROAD |
27 May 2022 | £90,709 | £89,000 | FLAT 14 DOVE TREE COURT CHERRY TREE ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 10 Jun 2021. Using an estimated price of £167,027 means this house is valued at £1,403 per sq meter (£130 per sq foot).
The average size of a house on DEVONA AVENUE is 81 sq meters (878 sq feet).