£90,540
This estimated value is based upon the latest sale price for the house of £88,000 on 18 Jul 2023. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £88,000 | 18 Jul 2023 |
| £31,500 | 31 Mar 1999 |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 July 2023 the House Price Index for BLACKPOOL was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £88,000 results in an estimated price of approximately £90,540.
| 18 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £88,000 | £2,540 | £90,540 |
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 | -13.656 % | £-12,017 | £75,982 |
| 3 Month Average | -3.019 % | £-2,657 | £85,342 |
| 6 Month Average | -5.354 % | £-4,711 | £83,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £32,000 | £32,000 | 20 BUTE AVENUE |
| 3 May 2024 | £76,000 | £76,000 | 37 EAVES STREET |
| 11 Dec 2023 | £123,804 | £120,000 | 23 BUTE AVENUE |
| 24 Feb 2023 | £70,471 | £70,000 | 23 BRAITHWAITE STREET |
| 8 Feb 2023 | £75,504 | £75,000 | 8 RICHMOND ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 20 Jul 2015.
The average size of a house on BUTE AVENUE is 125 sq meters (1,353 sq feet).