£189,160
This estimated value is based upon the latest sale price for the house of £120,000 on 4 Jul 2007. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £120,000 | 4 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 29 sq meters or 312 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 2007 the House Price Index for BLACKPOOL was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £120,000 results in an estimated price of approximately £189,160.
| 4 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £120,000 | £69,160 | £189,160 |
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 | -8.851 % | £-10,620 | £109,379 |
| 3 Month Average | -15.179 % | £-18,215 | £101,784 |
| 6 Month Average | -3.774 % | £-4,528 | £115,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £15,194 | £15,000 | GARAGES LYING TO THE EAST OF WESTMINSTER ROAD |
| 14 Jul 2023 | £86,160 | £85,000 | 10 ST PAULS ROAD |
| 21 Mar 2023 | £171,617 | £170,000 | 40 SHERBOURNE ROAD |
| 27 Apr 2022 | £82,384 | £80,000 | 56 SHERBOURNE ROAD |
| 22 Mar 2022 | £101,554 | £98,000 | 48 SHERBOURNE ROAD |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 4 Apr 2019. Using an estimated price of £189,161 means this house is valued at £6,522 per sq meter (£605 per sq foot).
The average size of a house on SHERBOURNE ROAD is 108 sq meters (1,167 sq feet).