£125,875
This estimated value is based upon the latest sale price for the house of £74,500 on 19 Apr 2013. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £74,500 | 19 Apr 2013 |
| £103,500 | 11 Feb 2008 |
| £34,000 | 18 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2013 the House Price Index for BLACKPOOL was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £74,500 results in an estimated price of approximately £125,875.
| 19 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £74,500 | £51,375 | £125,875 |
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 | 23.869 % | £17,782 | £92,282 |
| 3 Month Average | 37.992 % | £28,304 | £102,804 |
| 6 Month Average | 40.956 % | £30,512 | £105,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jul 2024 | £70,000 | £70,000 | 141 PETER STREET |
| 11 Dec 2023 | £90,274 | £87,500 | 85 PETER STREET |
| 4 Aug 2023 | £133,406 | £131,000 | 2 GRANVILLE ROAD |
| 3 Mar 2023 | £101,698 | £100,000 | 138 CAUNCE STREET |
| 30 Mar 2022 | £85,603 | £82,000 | 156 CAUNCE STREET |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 10 Jan 2013. Using an estimated price of £125,875 means this house is valued at £1,104 per sq meter (£102 per sq foot).
The average size of a house on PETER STREET is 90 sq meters (972 sq feet).