£131,801
This estimated value is based upon the latest sale price for the house of £131,000 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £131,000 | 4 Aug 2023 |
| £100,000 | 7 May 2015 |
| £118,000 | 15 Oct 2004 |
| £94,950 | 23 May 2003 |
| £47,500 | 25 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 2023 the House Price Index for BLACKPOOL was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £131,000 results in an estimated price of approximately £131,801.
| 4 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.1 | 148.0 | 0.612 % | £131,000 | £801 | £131,801 |
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 | -0.672 % | £-880 | £130,119 |
| 3 Month Average | -15.562 % | £-20,385 | £110,614 |
| 6 Month Average | -3.458 % | £-4,530 | £126,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £48,926 | £48,000 | 3 DURHAM ROAD |
| 11 Dec 2023 | £89,187 | £87,500 | 85 PETER STREET |
| 4 Aug 2023 | £131,801 | £131,000 | 2 GRANVILLE ROAD |
| 3 Mar 2023 | £52,283 | £52,000 | 62 GRANVILLE ROAD |
| 25 Aug 2022 | £97,342 | £98,000 | 22 DURHAM ROAD |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 12 Feb 2016. Using an estimated price of £131,801 means this house is valued at £855 per sq meter (£79 per sq foot).
The average size of a house on GRANVILLE ROAD is 109 sq meters (1,183 sq feet).
This house is the largest in the street with a floor area of 154 sq meters (1,657 sq feet).