£87,449
This estimated value is based upon the latest sale price for the house of £70,300 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £70,300 | 22 Jun 2018 |
| £61,000 | 23 Dec 2016 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2018 the House Price Index for BLACKPOOL was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £70,300 results in an estimated price of approximately £87,449.
| 22 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £70,300 | £17,149 | £87,449 |
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 | 13.543 % | £9,521 | £79,821 |
| 3 Month Average | 0.064 % | £45 | £70,345 |
| 6 Month Average | 13.363 % | £9,394 | £79,694 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £89,058 | £87,500 | 85 PETER STREET |
| 4 Aug 2023 | £132,156 | £131,000 | 2 GRANVILLE ROAD |
| 3 Mar 2023 | £52,495 | £52,000 | 62 GRANVILLE ROAD |
| 25 Aug 2022 | £97,737 | £98,000 | 22 DURHAM ROAD |
| 24 Aug 2022 | £101,726 | £102,000 | 11 DURHAM ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 14 Nov 2016. Using an estimated price of £87,449 means this house is valued at £901 per sq meter (£83 per sq foot).
The average size of a house on GRANVILLE ROAD is 109 sq meters (1,183 sq feet).