£120,794
This estimated value is based upon the latest sale price for the house of £100,000 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £100,000 | 21 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 £100,000 results in an estimated price of approximately £120,794.
| 21 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £100,000 | £20,794 | £120,794 |
The Postcode Pricing Model uses changes in average sales price within the FY4 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 | 21.453 % | £21,452 | £121,452 |
| 3 Month Average | 25.760 % | £25,759 | £125,759 |
| 6 Month Average | 24.531 % | £24,530 | £124,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £157,367 | £156,000 | 62 HATHAWAY |
| 22 Sep 2023 | £124,750 | £122,000 | 27 MACAULEY AVENUE |
| 4 Aug 2023 | £112,020 | £110,000 | 1C BURNSIDE AVENUE |
| 30 Jun 2023 | £122,454 | £120,000 | 8 MACAULEY AVENUE |
| 20 Mar 2023 | £123,564 | £121,500 | 17 MACAULEY AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 Jul 2020. Using an estimated price of £120,794 means this house is valued at £1,327 per sq meter (£123 per sq foot).
The average size of a house on BURNSIDE AVENUE is 88 sq meters (954 sq feet).