£432,136
This estimated value is based upon the latest sale price for the house of £370,000 on 19 Nov 2020. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £370,000 | 19 Nov 2020 |
| £367,495 | 29 Apr 2016 |
| Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 November 2020 the House Price Index for BLACKPOOL was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £370,000 results in an estimated price of approximately £432,136.
| 19 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £370,000 | £62,136 | £432,136 |
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 | 12.601 % | £46,625 | £416,625 |
| 3 Month Average | 7.736 % | £28,622 | £398,622 |
| 6 Month Average | 8.522 % | £31,530 | £401,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jul 2024 | £116,000 | £116,000 | 126 MIDGELAND ROAD |
| 3 Apr 2024 | £267,321 | £265,000 | 23 MAGNOLIA WAY |
| 27 Nov 2023 | £85,162 | £83,000 | 67 MIDGELAND ROAD |
| 8 Apr 2022 | £243,794 | £235,000 | 8 ORCHID WAY |
| 17 Dec 2021 | £250,939 | £232,500 | 10 JASMINE CLOSE |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 18 Apr 2016. Using an estimated price of £432,136 means this house is valued at £2,527 per sq meter (£234 per sq foot).
The average size of a house on ORCHID WAY is 118 sq meters (1,274 sq feet).
This house is the largest in the street with a floor area of 171 sq meters (1,840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Orchid Way | |
| Oct 2024 | Anti-social behaviour | On or near Orchid Way | |
| Nov 2024 | Criminal damage and arson | Under investigation | On or near Eastbank Avenue |
| Nov 2024 | Other crime | Under investigation | On or near Eastbank Avenue |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eastbank Avenue |