£67,536
This estimated value is based upon the latest sale price for the house of £50,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£50,000 | 31 Mar 2016 |
£38,000 | 9 Jan 2015 |
£36,000 | 19 Sep 2014 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 March 2016 the House Price Index for BLACKPOOL was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £50,000 results in an estimated price of approximately £67,536.
31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £50,000 | £17,536 | £67,536 |
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 | 22.868 % | £11,433 | £61,433 |
3 Month Average | 16.738 % | £8,369 | £58,369 |
6 Month Average | 27.411 % | £13,705 | £63,705 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £67,087 | £66,500 | 8 BAGOT STREET |
15 Aug 2023 | £68,600 | £68,000 | 28 BAGOT STREET |
24 Jul 2023 | £78,050 | £77,000 | 31 BAGOT STREET |
24 Feb 2023 | £138,907 | £139,000 | 20 ST BEDES AVENUE |
15 Feb 2023 | £169,886 | £170,000 | 1A HILL STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 5 May 2016. Using an estimated price of £67,537 means this house is valued at £726 per sq meter (£67 per sq foot).
The average size of a house on BAGOT STREET is 84 sq meters (908 sq feet).
This house is the largest in the street with a floor area of 93 sq meters (1,001 sq feet).