£190,449
This estimated value is based upon the latest sale price for the house of £101,000 on 3 Dec 2004. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £101,000 | 3 Dec 2004 |
| £85,000 | 10 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 2004 the House Price Index for BLACKPOOL was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £101,000 results in an estimated price of approximately £190,449.
| 3 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £101,000 | £89,449 | £190,449 |
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 | 15.728 % | £15,885 | £116,885 |
| 3 Month Average | 2.739 % | £2,766 | £103,766 |
| 6 Month Average | 20.556 % | £20,761 | £121,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £293,156 | £290,000 | 68 ELIZABETH STREET |
| 27 Mar 2023 | £83,789 | £83,000 | 84 - 86 CAUNCE STREET |
| 22 Feb 2023 | £93,937 | £94,000 | 74 GEORGE STREET |
| 23 Jan 2023 | £90,364 | £90,790 | 100 CAUNCE STREET |
| 15 Jul 2022 | £95,256 | £95,000 | 65 MILBOURNE STREET |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 6 Apr 2016. Using an estimated price of £190,449 means this house is valued at £1,360 per sq meter (£126 per sq foot).
The average size of a house on MILBOURNE STREET is 107 sq meters (1,153 sq feet).