£135,155
This estimated value is based upon the latest sale price for the house of £75,000 on 14 Dec 2005. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £75,000 | 14 Dec 2005 |
| £61,000 | 16 Dec 2002 |
| £39,000 | 15 Apr 1998 |
| £45,000 | 29 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2005 the House Price Index for BLACKPOOL was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £75,000 results in an estimated price of approximately £135,155.
| 14 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £75,000 | £60,155 | £135,155 |
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 | -0.581 % | £-435 | £74,564 |
| 3 Month Average | -9.709 % | £-7,281 | £67,718 |
| 6 Month Average | 5.307 % | £3,980 | £78,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £63,104 | £62,000 | 242 CENTRAL DRIVE |
| 13 Nov 2023 | £80,187 | £79,000 | 235 CENTRAL DRIVE |
| 27 Sep 2023 | £84,075 | £83,000 | 27 SALTHOUSE AVENUE |
| 11 Apr 2023 | £84,409 | £83,500 | 96 ERDINGTON ROAD |
| 23 Feb 2023 | £69,953 | £70,000 | 151 CENTRAL DRIVE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 12 Nov 2014. Using an estimated price of £135,155 means this house is valued at £1,126 per sq meter (£104 per sq foot).
The average size of a house on CENTRAL DRIVE is 133 sq meters (1,431 sq feet).