£147,235
This estimated value is based upon the latest sale price for the house of £120,000 on 2 Sep 2019. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £120,000 | 2 Sep 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 September 2019 the House Price Index for BLACKPOOL was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £120,000 results in an estimated price of approximately £147,235.
| 2 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £120,000 | £27,235 | £147,235 |
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 | 6.437 % | £7,724 | £127,724 |
| 3 Month Average | 0.701 % | £840 | £120,840 |
| 6 Month Average | 11.064 % | £13,276 | £133,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £121,637 | £120,000 | 373 CENTRAL DRIVE |
| 22 Feb 2023 | £84,943 | £85,000 | 45 BLOOMFIELD ROAD |
| 16 Feb 2023 | £108,427 | £108,500 | 150 BLOOMFIELD ROAD |
| 27 Oct 2022 | £145,434 | £147,000 | 7 MAYOR AVENUE |
| 26 Aug 2022 | £124,664 | £125,000 | 142 BLOOMFIELD ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 2 Sep 2019. Using an estimated price of £147,236 means this house is valued at £1,066 per sq meter (£99 per sq foot).
The average size of a house on PALMER AVENUE is 155 sq meters (1,673 sq feet).