£63,957
This estimated value is based upon the latest sale price for the house of £52,500 on 19 May 2020. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£52,500 | 19 May 2020 |
£43,000 | 19 Feb 2003 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 2020 the House Price Index for BLACKPOOL was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £52,500 results in an estimated price of approximately £63,957.
19 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.0 | 21.824 % | £52,500 | £11,457 | £63,957 |
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 | 2.486 % | £1,305 | £53,805 |
3 Month Average | -3.802 % | £-1,995 | £50,504 |
6 Month Average | 17.728 % | £9,307 | £61,807 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £97,926 | £97,000 | 112 ELIZABETH STREET |
31 Mar 2023 | £94,008 | £93,500 | 61 PETER STREET |
17 Mar 2023 | £62,840 | £62,500 | 12 DANESBURY PLACE |
20 Jan 2023 | £104,086 | £105,000 | 29 PETER STREET |
26 Sep 2022 | £126,462 | £128,000 | 280 CHURCH STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 11 Sep 2020. Using an estimated price of £63,958 means this house is valued at £1,102 per sq meter (£102 per sq foot).
The average size of a house on ELIZABETH STREET is 105 sq meters (1,133 sq feet).