£147,967
This estimated value is based upon the latest sale price for the house of £85,000 on 21 Jul 2011. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £85,000 | 21 Jul 2011 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 July 2011 the House Price Index for BLACKPOOL was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £85,000 results in an estimated price of approximately £147,967.
| 21 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £85,000 | £62,967 | £147,967 |
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 | 48.661 % | £41,361 | £126,361 |
| 3 Month Average | 39.539 % | £33,608 | £118,608 |
| 6 Month Average | 29.594 % | £25,154 | £110,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £99,698 | £97,500 | 16 CHELTENHAM ROAD |
| 17 Mar 2023 | £147,412 | £144,950 | 34 CHELTENHAM ROAD |
| 23 Feb 2023 | £127,854 | £127,000 | 41 CLEVEDON ROAD |
| 22 Feb 2022 | £158,997 | £150,500 | 36 CHESTERFIELD ROAD |
| 4 Nov 2021 | £125,295 | £115,000 | 30 CHESTERFIELD ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 31 May 2016. Using an estimated price of £147,968 means this house is valued at £1,222 per sq meter (£113 per sq foot).
The average size of a house on CHESTERFIELD ROAD is 118 sq meters (1,274 sq feet).