£101,371
This estimated value is based upon the latest sale price for the house of £82,500 on 17 Jan 2020. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £82,500 | 17 Jan 2020 |
| £108,500 | 28 Feb 2018 |
| £114,950 | 30 Aug 2017 |
| £37,500 | 14 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 January 2020 the House Price Index for BLACKPOOL was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £82,500 results in an estimated price of approximately £101,371.
| 17 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £82,500 | £18,871 | £101,371 |
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 | -4.259 % | £-3,513 | £78,986 |
| 3 Month Average | 20.049 % | £16,540 | £99,040 |
| 6 Month Average | 13.582 % | £11,205 | £93,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £80,000 | £80,000 | 6 SHERBOURNE ROAD |
| 28 Sep 2023 | £15,338 | £15,000 | GARAGES LYING TO THE EAST OF WESTMINSTER ROAD |
| 21 Mar 2023 | £172,887 | £170,000 | 40 SHERBOURNE ROAD |
| 27 Apr 2022 | £82,994 | £80,000 | 56 SHERBOURNE ROAD |
| 22 Mar 2022 | £102,305 | £98,000 | 48 SHERBOURNE ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 12 Oct 2018. Using an estimated price of £101,371 means this house is valued at £649 per sq meter (£60 per sq foot).
The average size of a house on SHERBOURNE ROAD is 108 sq meters (1,167 sq feet).