£130,560
This estimated value is based upon the latest sale price for the house of £83,500 on 7 Dec 2007. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £83,500 | 7 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2007 the House Price Index for BLACKPOOL was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £83,500 results in an estimated price of approximately £130,560.
| 7 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £83,500 | £47,060 | £130,560 |
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 | 16.671 % | £13,920 | £97,420 |
| 3 Month Average | 2.371 % | £1,979 | £85,479 |
| 6 Month Average | -3.524 % | £-2,942 | £80,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £76,024 | £74,500 | 38 BEDFORD ROAD |
| 2 Sep 2022 | £66,955 | £67,000 | 59 CLAREMONT ROAD |
| 5 Aug 2022 | £75,352 | £75,000 | 67 CLAREMONT ROAD |
| 15 Mar 2022 | £104,393 | £100,000 | 22 SUTHERLAND ROAD |
| 18 Feb 2022 | £85,573 | £81,000 | 43 BEDFORD ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Jul 2016. Using an estimated price of £130,561 means this house is valued at £1,500 per sq meter (£139 per sq foot).
The average size of a house on BEDFORD ROAD is 80 sq meters (866 sq feet).