£59,926
This estimated value is based upon the latest sale price for the house of £17,000 on 16 Mar 2001. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£17,000 | 16 Mar 2001 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 857 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 2001 the House Price Index for BLACKPOOL was 42.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 252.510%.Applying this 252.510% change to the original purchase price of £17,000 results in an estimated price of approximately £59,926.
16 Mar 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.5 | 149.7 | 252.510 % | £17,000 | £42,926 | £59,926 |
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 | 150.350 % | £25,559 | £42,559 |
3 Month Average | 155.062 % | £26,360 | £43,360 |
6 Month Average | 168.488 % | £28,642 | £45,642 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £64,641 | £63,000 | 16 LEWTAS STREET |
31 Oct 2023 | £71,627 | £70,000 | 20 CROSS STREET |
21 Sep 2023 | £89,984 | £88,000 | 90 HIGH STREET |
5 Apr 2023 | £81,525 | £80,000 | 20 LEWTAS STREET |
9 Mar 2023 | £74,748 | £73,500 | 30 CROSS STREET |
This house has a floor area of 79 sq meters or 857 sq feet when measured on 8 Mar 2011. Using an estimated price of £59,927 means this house is valued at £752 per sq meter (£69 per sq foot).
The average size of a house on LEWTAS STREET is 79 sq meters (859 sq feet).