£390,831
This estimated value is based upon the latest sale price for the house of £226,000 on 15 Aug 2006. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £226,000 | 15 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 29 sq meters or 312 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 2006 the House Price Index for BLACKPOOL was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.934%.Applying this 72.934% change to the original purchase price of £226,000 results in an estimated price of approximately £390,831.
| 15 Aug 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.934 % | £226,000 | £164,831 | £390,831 |
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 | -3.279 % | £-7,411 | £218,588 |
| 3 Month Average | 4.476 % | £10,115 | £236,115 |
| 6 Month Average | 4.108 % | £9,284 | £235,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £80,000 | £80,000 | 6 SHERBOURNE ROAD |
| 28 Sep 2023 | £15,338 | £15,000 | GARAGES LYING TO THE EAST OF WESTMINSTER ROAD |
| 21 Mar 2023 | £172,887 | £170,000 | 40 SHERBOURNE ROAD |
| 27 Apr 2022 | £82,994 | £80,000 | 56 SHERBOURNE ROAD |
| 22 Mar 2022 | £102,305 | £98,000 | 48 SHERBOURNE ROAD |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 29 Dec 2017. Using an estimated price of £390,832 means this house is valued at £13,476 per sq meter (£1,252 per sq foot).
The average size of a house on SHERBOURNE ROAD is 108 sq meters (1,167 sq feet).