£121,098
This estimated value is based upon the latest sale price for the house of £65,000 on 31 May 2005. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £65,000 | 31 May 2005 |
| £42,500 | 13 Aug 2003 |
| £30,500 | 28 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2005 the House Price Index for BLACKPOOL was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £65,000 results in an estimated price of approximately £121,098.
| 31 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £65,000 | £56,098 | £121,098 |
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 | 8.892 % | £5,779 | £70,779 |
| 3 Month Average | 18.759 % | £12,193 | £77,193 |
| 6 Month Average | 17.243 % | £11,207 | £76,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £74,798 | £72,500 | 4 FRECKLETON STREET |
| 8 Sep 2023 | £92,029 | £90,000 | 27 ANDERSON STREET |
| 31 Aug 2023 | £71,286 | £70,000 | 9 ORME STREET |
| 24 Mar 2023 | £68,138 | £67,000 | 31 FRECKLETON STREET |
| 17 Feb 2023 | £77,518 | £77,000 | 8 ORME STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 1 Dec 2018. Using an estimated price of £121,098 means this house is valued at £2,201 per sq meter (£204 per sq foot).
The average size of a house on ORME STREET is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Orme Street | |
| Sep 2024 | Anti-social behaviour | On or near Orme Street | |
| Sep 2024 | Anti-social behaviour | On or near Orme Street | |
| Aug 2024 | Anti-social behaviour | On or near Orme Street | |
| Aug 2024 | Anti-social behaviour | On or near Orme Street |