£166,448
This estimated value is based upon the latest sale price for the house of £79,950 on 30 Mar 2004. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £79,950 | 30 Mar 2004 |
| Semi-Detached |
| Freehold |
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 March 2004 the House Price Index for BLACKPOOL was 71.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 108.191%.Applying this 108.191% change to the original purchase price of £79,950 results in an estimated price of approximately £166,448.
| 30 Mar 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.0 | 108.191 % | £79,950 | £86,498 | £166,448 |
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 | 3.084 % | £2,465 | £82,415 |
| 3 Month Average | 22.300 % | £17,829 | £97,779 |
| 6 Month Average | 43.397 % | £34,696 | £114,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £83,066 | £82,000 | 22 READS AVENUE |
| 10 Feb 2023 | £124,412 | £125,000 | 24 PALATINE ROAD |
| 3 Feb 2023 | £124,412 | £125,000 | 8 PALATINE ROAD |
| 31 Jan 2023 | £150,676 | £152,000 | 14 READS AVENUE |
| 4 Apr 2022 | £215,385 | £210,000 | 26 READS AVENUE |