£397,381
This estimated value is based upon the latest sale price for the house of £300,000 on 31 Oct 2016. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £300,000 | 31 Oct 2016 |
| £106,000 | 11 Jul 2012 |
| £110,000 | 1 Jul 2005 |
| £87,000 | 1 Mar 2004 |
| Freehold |
| Floor Area: 185 sq meters or 1,999 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 October 2016 the House Price Index for BLACKPOOL was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £300,000 results in an estimated price of approximately £397,381.
| 31 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £300,000 | £97,381 | £397,381 |
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 | -0.249 % | £-747 | £299,252 |
| 3 Month Average | 7.146 % | £21,439 | £321,439 |
| 6 Month Average | 30.159 % | £90,477 | £390,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £57,500 | £57,500 | FLAT 2 LAWN COURT, 155 HORNBY ROAD |
| 28 Jun 2023 | £101,226 | £100,000 | 101 PALATINE ROAD |
| 9 Jun 2023 | £106,287 | £105,000 | 99 READS AVENUE |
| 22 Mar 2023 | £232,188 | £230,000 | FLAT 1 116 PALATINE ROAD |
| 20 Mar 2023 | £143,855 | £142,500 | 126 PALATINE ROAD |
This house has a floor area of 185 sq meters or 1,999 sq feet when measured on 16 Mar 2012. Using an estimated price of £397,382 means this house is valued at £2,138 per sq meter (£198 per sq foot).
The average size of a house on PALATINE ROAD is 141 sq meters (1,523 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bennett Avenue |
| Jan 2024 | Other theft | Under investigation | On or near Bennett Avenue |
| Dec 2023 | Anti-social behaviour | On or near Bennett Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Bennett Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Bennett Avenue |