£110,880
This estimated value is based upon the latest sale price for the house of £44,500 on 20 Jan 2003. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £44,500 | 20 Jan 2003 |
| £38,000 | 10 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2003 the House Price Index for BLACKPOOL was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £44,500 results in an estimated price of approximately £110,880.
| 20 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £44,500 | £66,380 | £110,880 |
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 | 65.833 % | £29,295 | £73,795 |
| 3 Month Average | 97.209 % | £43,257 | £87,757 |
| 6 Month Average | 97.676 % | £43,465 | £87,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jul 2024 | £70,000 | £70,000 | 141 PETER STREET |
| 5 Apr 2024 | £90,788 | £90,000 | 172 CAUNCE 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 |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 15 Aug 2016. Using an estimated price of £110,880 means this house is valued at £990 per sq meter (£91 per sq foot).
The average size of a house on CAUNCE STREET is 116 sq meters (1,257 sq feet).