£110,988
This estimated value is based upon the latest sale price for the house of £52,000 on 2 Feb 2004. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £52,000 | 2 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 February 2004 the House Price Index for BLACKPOOL was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £52,000 results in an estimated price of approximately £110,988.
| 2 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 149.7 | 113.439 % | £52,000 | £58,988 | £110,988 |
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 | 64.345 % | £33,459 | £85,459 |
| 3 Month Average | 50.697 % | £26,362 | £78,362 |
| 6 Month Average | 48.985 % | £25,472 | £77,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £81,469 | £80,000 | 20 ST ANTHONYS PLACE |
| 1 Aug 2023 | £66,194 | £65,000 | 30 GRAFTON STREET |
| 1 Aug 2023 | £66,194 | £65,000 | 2 GRAFTON STREET |
| 13 Mar 2023 | £66,104 | £65,000 | 31 PERCY STREET |
| 9 Feb 2023 | £71,477 | £71,000 | 3 BERESFORD STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 2 Feb 2016. Using an estimated price of £110,989 means this house is valued at £1,370 per sq meter (£127 per sq foot).
The average size of a house on GRAFTON STREET is 75 sq meters (813 sq feet).