£70,864
This estimated value is based upon the latest sale price for the house of £49,950 on 2 Sep 2015. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £49,950 | 2 Sep 2015 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 September 2015 the House Price Index for BLACKPOOL was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £49,950 results in an estimated price of approximately £70,864.
| 2 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £49,950 | £20,914 | £70,864 |
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 | 37.257 % | £18,609 | £68,559 |
| 3 Month Average | 12.597 % | £6,292 | £56,242 |
| 6 Month Average | 33.600 % | £16,783 | £66,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £61,068 | £60,000 | 47 BANKS STREET |
| 14 Apr 2023 | £96,034 | £95,000 | FLAT 1 33 COCKER STREET |
| 3 Nov 2022 | £51,378 | £52,000 | 53 BANKS STREET |
| 8 Sep 2022 | £132,927 | £134,000 | 36 COCKER STREET |
| 29 Apr 2022 | £116,367 | £113,000 | 19 COCKER STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 23 Apr 2018. Using an estimated price of £70,864 means this house is valued at £1,012 per sq meter (£94 per sq foot).
The average size of a house on BANKS STREET is 106 sq meters (1,141 sq feet).