£216,445
This estimated value is based upon the latest sale price for the house of £215,000 on 24 Feb 2023. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £215,000 | 24 Feb 2023 |
| £100,000 | 16 Jul 2004 |
| £43,500 | 8 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 February 2023 the House Price Index for BLACKPOOL was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £215,000 results in an estimated price of approximately £216,445.
| 24 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £215,000 | £1,445 | £216,445 |
The Postcode Pricing Model uses changes in average sales price within the FY3 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 | 17.854 % | £38,385 | £253,385 |
| 3 Month Average | 5.341 % | £11,482 | £226,482 |
| 6 Month Average | 10.671 % | £22,943 | £237,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £130,000 | £130,000 | 43 GOLDSBORO AVENUE |
| 8 Mar 2024 | £102,576 | £101,000 | 44 COLCHESTER ROAD |
| 24 Feb 2023 | £216,446 | £215,000 | 16 WORCESTER ROAD |
| 6 Jan 2023 | £156,418 | £156,000 | 43 WORCESTER ROAD |
| 11 Nov 2022 | £116,953 | £117,500 | 8 WORCESTER ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 2 Dec 2013. Using an estimated price of £216,446 means this house is valued at £2,739 per sq meter (£254 per sq foot).
The average size of a house on WORCESTER ROAD is 85 sq meters (919 sq feet).