£125,564
This estimated value is based upon the latest sale price for the house of £35,000 on 4 Jan 2001. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£35,000 | 4 Jan 2001 |
Terraced |
Freehold |
Floor Area: 137 sq meters or 1,474 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 January 2001 the House Price Index for BLACKPOOL was 41.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 258.756%.Applying this 258.756% change to the original purchase price of £35,000 results in an estimated price of approximately £125,564.
4 Jan 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
41.7 | 149.7 | 258.756 % | £35,000 | £90,564 | £125,564 |
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 | 129.485 % | £45,319 | £80,319 |
3 Month Average | 165.712 % | £57,999 | £92,999 |
6 Month Average | 167.718 % | £58,701 | £93,701 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £32,833 | £32,000 | FLAT 1 20 ALFRED STREET |
23 Nov 2023 | £147,751 | £144,000 | 140 ADELAIDE STREET |
20 Nov 2023 | £86,188 | £84,000 | 79 ADELAIDE STREET |
4 Oct 2023 | £66,511 | £65,000 | FLAT 11 ADELAIDE COURT ADELAIDE STREET |
5 Apr 2023 | £234,384 | £230,000 | 15 - 17 SOUTH KING STREET |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 21 Sep 2015. Using an estimated price of £125,565 means this house is valued at £916 per sq meter (£85 per sq foot).
The average size of a house on SOUTH KING STREET is 129 sq meters (1,395 sq feet).