£252,232
This estimated value is based upon the latest sale price for the house of £129,950 on 6 Aug 2004. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £129,950 | 6 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 August 2004 the House Price Index for BLACKPOOL was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £129,950 results in an estimated price of approximately £252,232.
| 6 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £129,950 | £122,282 | £252,232 |
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 | 8.762 % | £11,386 | £141,336 |
| 3 Month Average | 23.267 % | £30,235 | £160,185 |
| 6 Month Average | 29.360 % | £38,153 | £168,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £80,000 | £80,000 | 14 GAINSBOROUGH ROAD |
| 7 May 2024 | £127,000 | £127,000 | 19 MANOR ROAD |
| 17 Apr 2024 | £72,631 | £72,000 | 61 MANOR ROAD |
| 20 Feb 2023 | £117,787 | £117,000 | 25 MANOR ROAD |
| 20 Jul 2022 | £121,215 | £120,000 | 29 GAINSBOROUGH ROAD |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 12 Mar 2015. Using an estimated price of £252,232 means this house is valued at £1,457 per sq meter (£135 per sq foot).
The average size of a house on GAINSBOROUGH ROAD is 110 sq meters (1,186 sq feet).