£117,343
This estimated value is based upon the latest sale price for the house of £94,950 on 16 Dec 2019. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £94,950 | 16 Dec 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 December 2019 the House Price Index for BLACKPOOL was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £94,950 results in an estimated price of approximately £117,343.
| 16 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £94,950 | £22,393 | £117,343 |
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 | 13.983 % | £13,277 | £108,227 |
| 3 Month Average | 6.784 % | £6,441 | £101,391 |
| 6 Month Average | 12.347 % | £11,723 | £106,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £122,204 | £120,000 | 34 COOPERS WAY |
| 6 Apr 2023 | £136,554 | £134,000 | 41 COOPERS WAY |
| 24 Mar 2023 | £137,293 | £135,000 | 197 DEVONSHIRE ROAD |
| 10 Feb 2023 | £85,572 | £85,000 | 31 FIELDING ROAD |
| 25 Mar 2022 | £98,652 | £94,500 | 46 COOPERS WAY |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 5 Dec 2019. Using an estimated price of £117,344 means this house is valued at £2,095 per sq meter (£194 per sq foot).
The average size of a house on COOPERS WAY is 70 sq meters (761 sq feet).