£171,650
This estimated value is based upon the latest sale price for the house of £92,950 on 26 Aug 2005. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £92,950 | 26 Aug 2005 |
| £36,000 | 24 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,086 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 2005 the House Price Index for BLACKPOOL was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £92,950 results in an estimated price of approximately £171,650.
| 26 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £92,950 | £78,700 | £171,650 |
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 | 31.601 % | £29,373 | £122,323 |
| 3 Month Average | 0.137 % | £127 | £93,077 |
| 6 Month Average | 7.860 % | £7,305 | £100,255 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £87,727 | £85,500 | 57 WYRE GROVE |
| 5 Sep 2023 | £122,480 | £119,780 | 95 WESTMORLAND AVENUE |
| 20 Jan 2023 | £100,268 | £100,000 | 86 LUNE GROVE |
| 17 May 2022 | £97,541 | £95,000 | 116 LUNE GROVE |
| 13 May 2022 | £107,809 | £105,000 | 124 WESTMORLAND AVENUE |
This house has a floor area of 100 sq meters or 1,086 sq feet when measured on 13 Sep 2010. Using an estimated price of £171,650 means this house is valued at £1,700 per sq meter (£157 per sq foot).
The average size of a house on LUNE GROVE is 106 sq meters (1,150 sq feet).