£256,637
This estimated value is based upon the latest sale price for the house of £140,000 on 17 Aug 2005. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £140,000 | 17 Aug 2005 |
| Terraced |
| Freehold |
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 2005 the House Price Index for BLACKPOOL was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £140,000 results in an estimated price of approximately £256,637.
| 17 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £140,000 | £116,637 | £256,637 |
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 | 0.257 % | £359 | £140,359 |
| 3 Month Average | -9.084 % | £-12,717 | £127,282 |
| 6 Month Average | 11.655 % | £16,317 | £156,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £90,000 | £90,000 | THE CILGWYN HOTEL, 24 GYNN AVENUE |
| 16 Nov 2023 | £334,959 | £330,000 | 404 PROMENADE |
| 28 Sep 2023 | £111,425 | £110,000 | 315 DICKSON ROAD |
| 13 Mar 2023 | £126,189 | £125,000 | 31 GYNN AVENUE |
| 28 Feb 2023 | £119,919 | £120,000 | 33 GYNN AVENUE |