£102,583
This estimated value is based upon the latest sale price for the house of £83,250 on 21 May 2020. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£83,250 | 21 May 2020 |
£43,000 | 3 Jan 2013 |
£56,000 | 22 Aug 2011 |
Terraced |
Freehold |
Floor Area: 209 sq meters or 2,249 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 May 2020 the House Price Index for BLACKPOOL was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £83,250 results in an estimated price of approximately £102,583.
21 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.224 % | £83,250 | £19,333 | £102,583 |
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 | 71.091 % | £59,183 | £142,433 |
3 Month Average | 5.841 % | £4,862 | £88,112 |
6 Month Average | 16.651 % | £13,861 | £97,111 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 May 2024 | £95,000 | £95,000 | 2C BALL STREET |
20 May 2024 | £130,000 | £130,000 | 17 CLARE STREET |
9 Apr 2024 | £73,639 | £73,000 | 9 CLARE STREET |
8 Apr 2024 | £60,526 | £60,000 | 6 BALL STREET |
30 Oct 2023 | £45,023 | £44,000 | REAR OF 6 BALL STREET |
This house has a floor area of 209 sq meters or 2,249 sq feet when measured on 1 Sep 2014. Using an estimated price of £102,584 means this house is valued at £490 per sq meter (£45 per sq foot).
The average size of a house on ALEXANDRA ROAD is 135 sq meters (1,457 sq feet).