£85,298
This estimated value is based upon the latest sale price for the house of £70,000 on 26 Feb 2020. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £70,000 | 26 Feb 2020 |
| £65,000 | 20 Dec 2017 |
| £89,000 | 26 Oct 2006 |
| £65,950 | 7 Jun 2004 |
| £55,000 | 9 May 2003 |
| £32,000 | 30 Mar 2001 |
| £33,000 | 15 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 February 2020 the House Price Index for BLACKPOOL was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £70,000 results in an estimated price of approximately £85,298.
| 26 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £70,000 | £15,298 | £85,298 |
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 | -11.887 % | £-8,320 | £61,679 |
| 3 Month Average | 6.276 % | £4,393 | £74,393 |
| 6 Month Average | 12.972 % | £9,080 | £79,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £67,640 | £67,000 | 18 BEDFORD ROAD |
| 19 Jun 2023 | £75,109 | £74,500 | 38 BEDFORD ROAD |
| 2 Sep 2022 | £66,195 | £67,000 | 59 CLAREMONT ROAD |
| 5 Aug 2022 | £74,497 | £75,000 | 67 CLAREMONT ROAD |
| 18 Feb 2022 | £84,601 | £81,000 | 43 BEDFORD ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 27 May 2016. Using an estimated price of £85,298 means this house is valued at £969 per sq meter (£90 per sq foot).
The average size of a house on CLAREMONT ROAD is 98 sq meters (1,064 sq feet).