£40,350
This estimated value is based upon the latest sale price for the house of £40,000 on 5 Apr 2024. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£40,000 | 5 Apr 2024 |
£24,000 | 19 Mar 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 31 sq meters or 333 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 2024 the House Price Index for BLACKPOOL was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £40,000 results in an estimated price of approximately £40,350.
5 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.4 | 149.7 | 0.876 % | £40,000 | £350 | £40,350 |
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 | 18.131 % | £7,252 | £47,252 |
3 Month Average | 15.832 % | £6,332 | £46,332 |
6 Month Average | 1.996 % | £798 | £40,798 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £40,350 | £40,000 | 41 BRECON CLOSE |
30 Nov 2023 | £110,813 | £108,000 | 4 BRECON CLOSE |
26 Oct 2023 | £62,418 | £61,000 | 104 CONDOR GROVE |
24 Oct 2023 | £86,975 | £85,000 | 21 BRECON CLOSE |
19 Oct 2023 | £56,278 | £55,000 | 28 BRECON CLOSE |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 12 Dec 2019. Using an estimated price of £40,350 means this house is valued at £1,301 per sq meter (£120 per sq foot).
The average size of a house on BRECON CLOSE is 45 sq meters (493 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other crime | Unable to prosecute suspect | On or near Brecon Close |
Jul 2024 | Other crime | Under investigation | On or near Snowdon Close |