£110,197
This estimated value is based upon the latest sale price for the house of £75,000 on 15 Apr 2015. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £75,000 | 15 Apr 2015 |
| Terraced |
| Freehold |
| Floor Area: 243 sq meters or 2,615 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 April 2015 the House Price Index for BLACKPOOL was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £75,000 results in an estimated price of approximately £110,197.
| 15 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £75,000 | £35,197 | £110,197 |
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 | 59.130 % | £44,347 | £119,347 |
| 3 Month Average | 18.936 % | £14,202 | £89,202 |
| 6 Month Average | 28.771 % | £21,577 | £96,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £70,907 | £70,000 | 25 SPRINGFIELD ROAD |
| 22 Sep 2023 | £65,842 | £65,000 | 47 - 49 TALBOT ROAD |
| 9 Jun 2023 | £84,018 | £83,000 | 8 FRANCIS STREET |
| 11 Jan 2023 | £94,555 | £95,000 | 77 ABINGDON STREET |
| 11 Oct 2022 | £150,876 | £152,500 | 21 QUEEN STREET |
This house has a floor area of 243 sq meters or 2,615 sq feet when measured on 13 Nov 2014. Using an estimated price of £110,198 means this house is valued at £453 per sq meter (£42 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 222 sq meters (2,399 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near Springfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Springfield Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Springfield Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Springfield Road |