£69,538
This estimated value is based upon the latest sale price for the house of £55,000 on 26 Jan 2018. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £55,000 | 26 Jan 2018 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2018 the House Price Index for BLACKPOOL was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £55,000 results in an estimated price of approximately £69,538.
| 26 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £55,000 | £14,538 | £69,538 |
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 | 23.304 % | £12,817 | £67,817 |
| 3 Month Average | 22.452 % | £12,348 | £67,348 |
| 6 Month Average | 13.612 % | £7,486 | £62,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £106,929 | £105,000 | 275 TALBOT ROAD |
| 14 Apr 2023 | £50,953 | £50,000 | 26 LABURNUM STREET |
| 7 Nov 2022 | £112,474 | £113,000 | 29 MATHER STREET |
| 22 Aug 2022 | £62,291 | £62,000 | 28 LABURNUM STREET |
| 12 Aug 2022 | £74,348 | £74,000 | 18 LABURNUM STREET |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 30 Oct 2013. Using an estimated price of £69,538 means this house is valued at £649 per sq meter (£60 per sq foot).
The average size of a house on MATHER STREET is 103 sq meters (1,114 sq feet).