£70,019
This estimated value is based upon the latest sale price for the house of £64,500 on 15 Sep 2021. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£64,500 | 15 Sep 2021 |
£62,500 | 25 Sep 2019 |
£40,000 | 1 Mar 2006 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 September 2021 the House Price Index for BLACKPOOL was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £64,500 results in an estimated price of approximately £70,019.
15 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £64,500 | £5,519 | £70,019 |
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 | -3.330 % | £-2,147 | £62,352 |
3 Month Average | 15.142 % | £9,766 | £74,266 |
6 Month Average | 13.329 % | £8,597 | £73,097 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £61,902 | £60,000 | 27 ST ANTHONYS PLACE |
1 Aug 2023 | £66,194 | £65,000 | 30 GRAFTON STREET |
1 Aug 2023 | £66,194 | £65,000 | 2 GRAFTON STREET |
13 Mar 2023 | £66,104 | £65,000 | 31 PERCY STREET |
9 Feb 2023 | £71,477 | £71,000 | 3 BERESFORD STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 23 Sep 2013. Using an estimated price of £70,019 means this house is valued at £714 per sq meter (£66 per sq foot).
The average size of a house on GRAFTON STREET is 75 sq meters (813 sq feet).
This house is the largest in the street with a floor area of 98 sq meters (1,054 sq feet).