£77,714
This estimated value is based upon the latest sale price for the house of £61,830 on 6 Oct 2017. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £61,830 | 6 Oct 2017 |
| £43,950 | 22 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 2017 the House Price Index for BLACKPOOL was 117.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.690%.Applying this 25.690% change to the original purchase price of £61,830 results in an estimated price of approximately £77,714.
| 6 Oct 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.0 | 25.690 % | £61,830 | £15,884 | £77,714 |
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 | -2.187 % | £-1,352 | £60,477 |
| 3 Month Average | -18.674 % | £-11,546 | £50,283 |
| 6 Month Average | 2.086 % | £1,289 | £63,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £35,675 | £35,000 | 104 VICTORY ROAD |
| 4 Apr 2023 | £292,172 | £290,000 | 68 ELIZABETH STREET |
| 22 Feb 2023 | £93,557 | £94,000 | 74 GEORGE STREET |
| 23 Jan 2023 | £89,999 | £90,790 | 100 CAUNCE STREET |
| 12 Oct 2022 | £103,462 | £105,000 | 74 VICTORY ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 9 Sep 2013. Using an estimated price of £77,714 means this house is valued at £1,554 per sq meter (£144 per sq foot).
The average size of a house on GORTON STREET is 86 sq meters (936 sq feet).