£167,544
This estimated value is based upon the latest sale price for the house of £90,000 on 11 Mar 2005. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£90,000 | 11 Mar 2005 |
£105,000 | 3 Dec 2004 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 2005 the House Price Index for BLACKPOOL was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £90,000 results in an estimated price of approximately £167,544.
11 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.160 % | £90,000 | £77,544 | £167,544 |
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 | 9.644 % | £8,679 | £98,679 |
3 Month Average | -1.141 % | £-1,026 | £88,973 |
6 Month Average | 17.066 % | £15,359 | £105,359 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £104,334 | £103,000 | 47 COLERIDGE ROAD |
9 Aug 2023 | £131,147 | £130,000 | 124 GEORGE STREET |
3 Mar 2023 | £100,951 | £100,000 | 138 CAUNCE STREET |
6 Feb 2023 | £119,919 | £120,000 | 125 GEORGE STREET |
31 Jan 2023 | £57,728 | £58,000 | 112 GEORGE STREET |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 9 Nov 2015. Using an estimated price of £167,544 means this house is valued at £1,841 per sq meter (£171 per sq foot).
The average size of a house on COLERIDGE ROAD is 101 sq meters (1,090 sq feet).