£69,591
This estimated value is based upon the latest sale price for the house of £54,950 on 7 Dec 2017. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £54,950 | 7 Dec 2017 |
| £65,000 | 28 Jan 2011 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 773 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 2017 the House Price Index for BLACKPOOL was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £54,950 results in an estimated price of approximately £69,591.
| 7 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £54,950 | £14,641 | £69,591 |
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 | -6.993 % | £-3,842 | £51,107 |
| 3 Month Average | 3.911 % | £2,148 | £57,098 |
| 6 Month Average | 0.704 % | £387 | £55,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £76,024 | £74,500 | 38 BEDFORD ROAD |
| 2 Sep 2022 | £66,955 | £67,000 | 59 CLAREMONT ROAD |
| 5 Aug 2022 | £75,352 | £75,000 | 67 CLAREMONT ROAD |
| 15 Mar 2022 | £104,393 | £100,000 | 22 SUTHERLAND ROAD |
| 18 Feb 2022 | £85,573 | £81,000 | 43 BEDFORD ROAD |
This house has a floor area of 71 sq meters or 773 sq feet when measured on 7 Oct 2010. Using an estimated price of £69,591 means this house is valued at £968 per sq meter (£89 per sq foot).
The average size of a house on BEDFORD ROAD is 80 sq meters (866 sq feet).