£78,516
This estimated value is based upon the latest sale price for the house of £65,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £65,000 | 28 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 August 2020 the House Price Index for BLACKPOOL was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £65,000 results in an estimated price of approximately £78,516.
| 28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £65,000 | £13,516 | £78,516 |
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 | -40.851 % | £-26,553 | £38,446 |
| 3 Month Average | -3.961 % | £-2,574 | £62,425 |
| 6 Month Average | 3.147 % | £2,045 | £67,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jan 2023 | £200,536 | £200,000 | 97 READS AVENUE |
| 23 Jan 2023 | £120,321 | £120,000 | 6 STANLEY ROAD |
| 27 Oct 2022 | £115,614 | £116,000 | 62 HORNBY ROAD |
| 14 Jun 2022 | £66,420 | £65,000 | FLAT 2 103 HORNBY ROAD |
| 9 Jun 2022 | £150,211 | £147,000 | 79 HORNBY ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 11 Dec 2018. Using an estimated price of £78,516 means this house is valued at £1,105 per sq meter (£102 per sq foot).
The average size of a house on STANLEY ROAD is 151 sq meters (1,626 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).