£82,993
This estimated value is based upon the latest sale price for the house of £80,000 on 27 Apr 2022. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £80,000 | 27 Apr 2022 |
| £88,000 | 20 Dec 2018 |
| £71,000 | 26 May 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 April 2022 the House Price Index for BLACKPOOL was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £80,000 results in an estimated price of approximately £82,993.
| 27 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £80,000 | £2,993 | £82,993 |
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 | -18.812 % | £-15,049 | £64,950 |
| 3 Month Average | -2.960 % | £-2,367 | £77,632 |
| 6 Month Average | -5.724 % | £-4,579 | £75,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £80,000 | £80,000 | 6 SHERBOURNE ROAD |
| 21 Sep 2023 | £52,150 | £51,000 | 45 SHERBOURNE ROAD |
| 21 Mar 2023 | £172,887 | £170,000 | 40 SHERBOURNE ROAD |
| 17 Mar 2023 | £147,412 | £144,950 | 34 CHELTENHAM ROAD |
| 27 Apr 2022 | £82,994 | £80,000 | 56 SHERBOURNE ROAD |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 6 Jul 2021. Using an estimated price of £82,994 means this house is valued at £506 per sq meter (£47 per sq foot).
The average size of a house on SHERBOURNE ROAD is 108 sq meters (1,167 sq feet).