£93,074
This estimated value is based upon the latest sale price for the house of £80,500 on 7 Dec 2020. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £80,500 | 7 Dec 2020 |
| £79,000 | 16 Nov 2018 |
| £70,000 | 21 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 December 2020 the House Price Index for BLACKPOOL was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £80,500 results in an estimated price of approximately £93,074.
| 7 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £80,500 | £12,574 | £93,074 |
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 | 8.434 % | £6,789 | £87,289 |
| 3 Month Average | 13.696 % | £11,025 | £91,525 |
| 6 Month Average | 12.912 % | £10,394 | £90,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £86,326 | £85,000 | 39 LARBRECK AVENUE |
| 1 Dec 2023 | £149,597 | £145,000 | 1A LARBRECK AVENUE |
| 19 Sep 2023 | £61,352 | £60,000 | 49 DRUMMOND AVENUE |
| 23 Jun 2023 | £81,636 | £80,000 | 7 DRUMMOND AVENUE |
| 7 Jul 2022 | £106,063 | £105,000 | 45 LARBRECK AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Jan 2014. Using an estimated price of £93,075 means this house is valued at £1,329 per sq meter (£123 per sq foot).
The average size of a house on LARBRECK AVENUE is 86 sq meters (930 sq feet).