£164,060
This estimated value is based upon the latest sale price for the house of £130,000 on 19 Oct 2017. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £130,000 | 19 Oct 2017 |
| £60,000 | 3 Apr 2008 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 October 2017 the House Price Index for BLACKPOOL was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £130,000 results in an estimated price of approximately £164,060.
| 19 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £130,000 | £34,060 | £164,060 |
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 | 24.397 % | £31,716 | £161,716 |
| 3 Month Average | -18.762 % | £-24,390 | £105,609 |
| 6 Month Average | 4.710 % | £6,123 | £136,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Feb 2023 | £84,943 | £85,000 | 102 - 104 LYTHAM ROAD |
| 31 Jan 2023 | £218,969 | £220,000 | 22 - 30 CLARENDON ROAD |
| 10 Nov 2022 | £92,381 | £93,500 | 112 LYTHAM ROAD |
| 8 Sep 2022 | £63,487 | £64,000 | 106 LYTHAM ROAD |
| 6 Sep 2022 | £78,367 | £79,000 | 12A HYDE ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 16 Feb 2013. Using an estimated price of £164,060 means this house is valued at £3,038 per sq meter (£282 per sq foot).
The average size of a house on JOHN STREET is 94 sq meters (1,011 sq feet).