£108,095
This estimated value is based upon the latest sale price for the house of £107,000 on 13 Jun 2022. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £107,000 | 13 Jun 2022 |
| £75,000 | 10 Aug 2010 |
| £36,500 | 15 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 June 2022 the House Price Index for BLACKPOOL was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £107,000 results in an estimated price of approximately £108,095.
| 13 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.0 | 1.024 % | £107,000 | £1,095 | £108,095 |
The Postcode Pricing Model uses changes in average sales price within the FY3 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 | -4.384 % | £-4,691 | £102,308 |
| 3 Month Average | -11.139 % | £-11,918 | £95,081 |
| 6 Month Average | -0.025 % | £-26 | £106,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £116,869 | £116,000 | 7 OVERDALE GROVE |
| 13 Jun 2022 | £108,096 | £107,000 | 6 CHIPPING GROVE |
| 1 Mar 2022 | £72,245 | £70,000 | 36 FURNESS AVENUE |
| 21 Dec 2021 | £96,035 | £90,000 | 75 FURNESS AVENUE |
| 26 Nov 2021 | £138,952 | £129,000 | 52 FURNESS AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 15 Sep 2021. Using an estimated price of £108,096 means this house is valued at £1,715 per sq meter (£159 per sq foot).
There is one other house on the street which we know the size of, this is 22 CHIPPING GROVE it is 97.0