£231,772
This estimated value is based upon the latest sale price for the house of £47,000 on 17 Dec 1997. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£47,000 | 17 Dec 1997 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 1997 the House Price Index for BLACKPOOL was 30.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 393.133%.Applying this 393.133% change to the original purchase price of £47,000 results in an estimated price of approximately £231,772.
17 Dec 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.4 | 149.7 | 393.133 % | £47,000 | £184,772 | £231,772 |
The Postcode Pricing Model uses changes in average sales price within the FY4 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 | 224.470 % | £105,500 | £152,500 |
3 Month Average | 220.477 % | £103,624 | £150,624 |
6 Month Average | 220.354 % | £103,566 | £150,566 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £126,204 | £123,000 | 22 MOLYNEUX DRIVE |
31 Oct 2023 | £108,463 | £106,000 | 20 MOLYNEUX DRIVE |
4 Aug 2023 | £183,306 | £180,000 | 28 PEDDERS LANE |
2 Jun 2023 | £72,962 | £71,500 | 25A PEDDERS LANE |
24 Apr 2023 | £156,426 | £153,500 | 11 AYRTON AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 6 Aug 2010. Using an estimated price of £231,773 means this house is valued at £2,125 per sq meter (£197 per sq foot).
The average size of a house on PEDDERS LANE is 121 sq meters (1,306 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pedder'S Lane |
Sep 2024 | Anti-social behaviour | On or near Molyneux Drive | |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Molyneux Drive |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Ferndale Avenue |