£130,575
This estimated value is based upon the latest sale price for the house of £100,000 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£100,000 | 10 Mar 2017 |
Semi-Detached |
Freehold |
Floor Area: 127 sq meters or 1,367 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 March 2017 the House Price Index for BLACKPOOL was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £100,000 results in an estimated price of approximately £130,575.
10 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £100,000 | £30,575 | £130,575 |
The Postcode Pricing Model uses changes in average sales price within the FY3 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 | 9.018 % | £9,017 | £109,017 |
3 Month Average | 26.815 % | £26,815 | £126,815 |
6 Month Average | 23.098 % | £23,097 | £123,097 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £118,646 | £115,000 | 44 BRECK ROAD |
28 Apr 2023 | £203,812 | £200,000 | 125 WHITEGATE DRIVE |
31 Jan 2023 | £85,228 | £85,000 | 1 LYCEUM AVENUE |
31 Aug 2022 | £150,705 | £150,000 | 29 KENSINGTON ROAD |
17 Aug 2022 | £163,464 | £162,700 | 7 KENSINGTON ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 10 Aug 2016. Using an estimated price of £130,575 means this house is valued at £1,028 per sq meter (£95 per sq foot).
The average size of a house on KENSINGTON ROAD is 121 sq meters (1,310 sq feet).