£88,632
This estimated value is based upon the latest sale price for the house of £75,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £75,000 | 16 Oct 2020 |
| £75,000 | 17 Feb 2017 |
| £44,000 | 21 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2020 the House Price Index for BLACKPOOL was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £75,000 results in an estimated price of approximately £88,632.
| 16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £75,000 | £13,632 | £88,632 |
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 | 40.388 % | £30,291 | £105,291 |
| 3 Month Average | 11.932 % | £8,949 | £83,949 |
| 6 Month Average | 8.954 % | £6,715 | £81,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £74,139 | £73,000 | 51 CAMBRIDGE ROAD |
| 19 Dec 2023 | £49,522 | £48,000 | 3 DURHAM ROAD |
| 27 Oct 2023 | £114,988 | £112,376 | 39 CAMBRIDGE ROAD |
| 25 Aug 2022 | £98,460 | £98,000 | 22 DURHAM ROAD |
| 24 Aug 2022 | £102,479 | £102,000 | 11 DURHAM ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 Mar 2015. Using an estimated price of £88,633 means this house is valued at £1,284 per sq meter (£119 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 104 sq meters (1,122 sq feet).