£198,171
This estimated value is based upon the latest sale price for the house of £40,000 on 8 Oct 1997. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £40,000 | 8 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 October 1997 the House Price Index for BLACKPOOL was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £40,000 results in an estimated price of approximately £198,171.
| 8 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £40,000 | £158,171 | £198,171 |
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 | 194.485 % | £77,794 | £117,794 |
| 3 Month Average | 164.013 % | £65,605 | £105,605 |
| 6 Month Average | 195.541 % | £78,216 | £118,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £105,000 | £105,000 | 94 EGERTON ROAD |
| 7 Dec 2023 | £63,613 | £62,500 | 9 LYNN GROVE |
| 23 Nov 2023 | £60,902 | £60,000 | 98 EGERTON ROAD |
| 6 Nov 2023 | £75,620 | £74,500 | 34 RICHMOND ROAD |
| 26 Sep 2023 | £131,684 | £130,000 | 92 EGERTON ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 8 Sep 2014. Using an estimated price of £198,171 means this house is valued at £1,834 per sq meter (£170 per sq foot).
The average size of a house on EGERTON ROAD is 125 sq meters (1,348 sq feet).