£85,755
This estimated value is based upon the latest sale price for the house of £30,000 on 28 Jun 2002. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £30,000 | 28 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 June 2002 the House Price Index for BLACKPOOL was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £30,000 results in an estimated price of approximately £85,755.
| 28 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 148.6 | 185.852 % | £30,000 | £55,755 | £85,755 |
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 | 118.970 % | £35,690 | £65,690 |
| 3 Month Average | 99.932 % | £29,979 | £59,979 |
| 6 Month Average | 132.195 % | £39,658 | £69,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £57,506 | £56,500 | 61 HAIG ROAD |
| 15 Sep 2023 | £82,049 | £81,000 | 35 HAIG ROAD |
| 14 Apr 2023 | £47,512 | £47,000 | FLAT 5 38 - 40 ALEXANDRA ROAD |
| 21 Mar 2023 | £61,580 | £61,000 | 1 ADRIAN STREET |
| 1 Mar 2023 | £75,713 | £75,000 | 5 ADRIAN STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 10 Mar 2020. Using an estimated price of £85,756 means this house is valued at £985 per sq meter (£91 per sq foot).
The average size of a house on HAIG ROAD is 99 sq meters (1,067 sq feet).