£121,498
This estimated value is based upon the latest sale price for the house of £109,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £109,000 | 29 Oct 2021 |
| £125,000 | 28 Jul 2017 |
| £113,000 | 20 Nov 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 2021 the House Price Index for BLACKPOOL was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £109,000 results in an estimated price of approximately £121,498.
| 29 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £109,000 | £12,498 | £121,498 |
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 | 17.551 % | £19,130 | £128,130 |
| 3 Month Average | 0.933 % | £1,016 | £110,016 |
| 6 Month Average | 5.515 % | £6,011 | £115,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £105,000 | £105,000 | 213 CHURCH STREET |
| 11 Jun 2024 | £155,000 | £155,000 | 22 RAIKES PARADE |
| 1 Dec 2023 | £116,066 | £112,500 | 215 - 217 CHURCH STREET |
| 16 Aug 2023 | £268,340 | £263,500 | FLAT 5 37 RAIKES PARADE |
| 1 Mar 2023 | £188,142 | £185,000 | 39 LINCOLN ROAD |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 21 Oct 2013. Using an estimated price of £121,499 means this house is valued at £783 per sq meter (£72 per sq foot).
The average size of a house on LINCOLN ROAD is 137 sq meters (1,478 sq feet).