£72,119
This estimated value is based upon the latest sale price for the house of £55,000 on 19 Dec 2016. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £55,000 | 19 Dec 2016 |
| £90,000 | 19 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 127 sq meters or 1,368 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 December 2016 the House Price Index for BLACKPOOL was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £55,000 results in an estimated price of approximately £72,119.
| 19 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £55,000 | £17,119 | £72,119 |
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 | 11.575 % | £6,366 | £61,366 |
| 3 Month Average | 0.038 % | £21 | £55,021 |
| 6 Month Average | 20.726 % | £11,399 | £66,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £98,763 | £97,500 | 16 CHELTENHAM ROAD |
| 17 Mar 2023 | £146,329 | £144,950 | 34 CHELTENHAM ROAD |
| 23 Feb 2023 | £126,915 | £127,000 | 41 CLEVEDON ROAD |
| 22 Feb 2022 | £157,829 | £150,500 | 36 CHESTERFIELD ROAD |
| 4 Nov 2021 | £124,374 | £115,000 | 30 CHESTERFIELD ROAD |
This house has a floor area of 127 sq meters or 1,368 sq feet when measured on 6 Jul 2010. Using an estimated price of £72,120 means this house is valued at £567 per sq meter (£52 per sq foot).
The average size of a house on CHESTERFIELD ROAD is 118 sq meters (1,274 sq feet).