£166,666
This estimated value is based upon the latest sale price for the house of £150,000 on 23 Aug 2021. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £150,000 | 23 Aug 2021 |
| £49,500 | 12 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 278 sq meters or 2,992 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 August 2021 the House Price Index for BLACKPOOL was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £150,000 results in an estimated price of approximately £166,666.
| 23 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £150,000 | £16,666 | £166,666 |
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 | -4.628 % | £-6,941 | £143,058 |
| 3 Month Average | -0.535 % | £-802 | £149,197 |
| 6 Month Average | 13.133 % | £19,699 | £169,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £141,821 | £140,000 | 166 READS AVENUE |
| 31 Aug 2023 | £226,377 | £225,000 | 195 READS AVENUE |
| 20 Mar 2023 | £110,598 | £110,000 | 230 PALATINE ROAD |
| 14 Feb 2023 | £109,482 | £110,000 | 210 PALATINE ROAD |
| 3 Nov 2022 | £102,340 | £104,000 | 173 READS AVENUE |
This house has a floor area of 278 sq meters or 2,992 sq feet when measured on 28 Jun 2014. Using an estimated price of £166,667 means this house is valued at £599 per sq meter (£55 per sq foot).
The average size of a house on READS AVENUE is 134 sq meters (1,442 sq feet).
This house is the largest in the street with a floor area of 278 sq meters (2,992 sq feet).