£159,907
This estimated value is based upon the latest sale price for the house of £41,000 on 2 Mar 2000. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£41,000 | 2 Mar 2000 |
Terraced |
Freehold |
Floor Area: 20 sq meters or 219 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 2000 the House Price Index for BLACKPOOL was 38.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 290.019%.Applying this 290.019% change to the original purchase price of £41,000 results in an estimated price of approximately £159,907.
2 Mar 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
38.4 | 149.7 | 290.019 % | £41,000 | £118,907 | £159,907 |
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 | 139.233 % | £57,085 | £98,085 |
3 Month Average | 167.312 % | £68,597 | £109,597 |
6 Month Average | 163.422 % | £67,002 | £108,002 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £145,712 | £142,500 | FLAT 1 27 CLIFFORD ROAD |
13 Sep 2023 | £99,698 | £97,500 | 16 CHELTENHAM ROAD |
28 Apr 2023 | £163,045 | £159,995 | 26 CLIFFORD ROAD |
28 Apr 2023 | £127,383 | £125,000 | FLAT 1 5 CLIFFORD ROAD |
3 Apr 2023 | £117,192 | £115,000 | 57 CHELTENHAM ROAD |
This house has a floor area of 20 sq meters or 219 sq feet when measured on 15 Oct 2009. Using an estimated price of £159,908 means this house is valued at £7,838 per sq meter (£728 per sq foot).
The average size of a house on CHELTENHAM ROAD is 121 sq meters (1,312 sq feet).
This house is the smallest in the street with a floor area of 20 sq meters (219 sq feet).