£140,695
This estimated value is based upon the latest sale price for the house of £137,500 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £137,500 | 12 Oct 2023 |
| £117,500 | 14 Dec 2018 |
| £97,000 | 20 Mar 2015 |
| £39,500 | 5 Oct 1999 |
| £40,000 | 15 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 October 2023 the House Price Index for BLACKPOOL was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £137,500 results in an estimated price of approximately £140,695.
| 12 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £137,500 | £3,195 | £140,695 |
The Postcode Pricing Model uses changes in average sales price within the FY4 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 | 36.154 % | £49,712 | £187,212 |
| 3 Month Average | 2.063 % | £2,836 | £140,336 |
| 6 Month Average | -2.965 % | £-4,077 | £133,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £125,000 | £125,000 | 115 WINTON AVENUE |
| 13 Oct 2023 | £110,510 | £108,000 | 20 LEVINE AVENUE |
| 12 Oct 2023 | £140,695 | £137,500 | 165 PENROSE AVENUE |
| 2 Oct 2023 | £122,789 | £120,000 | 193 PENROSE AVENUE |
| 4 Aug 2022 | £118,554 | £118,000 | 150 PENROSE AVENUE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 22 Oct 2018. Using an estimated price of £140,695 means this house is valued at £1,465 per sq meter (£136 per sq foot).
The average size of a house on PENROSE AVENUE is 79 sq meters (855 sq feet).