£85,270
This estimated value is based upon the latest sale price for the house of £70,000 on 10 Jul 2020. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£70,000 | 10 Jul 2020 |
£65,000 | 16 Mar 2018 |
£39,500 | 17 Oct 1997 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 July 2020 the House Price Index for BLACKPOOL was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £70,000 results in an estimated price of approximately £85,270.
10 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £70,000 | £15,270 | £85,270 |
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 | -27.668 % | £-19,367 | £50,632 |
3 Month Average | 6.606 % | £4,623 | £74,623 |
6 Month Average | 11.164 % | £7,815 | £77,815 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jun 2023 | £76,024 | £74,500 | 38 BEDFORD ROAD |
2 Sep 2022 | £66,955 | £67,000 | 59 CLAREMONT ROAD |
5 Aug 2022 | £75,352 | £75,000 | 67 CLAREMONT ROAD |
15 Mar 2022 | £104,393 | £100,000 | 22 SUTHERLAND ROAD |
18 Feb 2022 | £85,573 | £81,000 | 43 BEDFORD ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 10 Jul 2013. Using an estimated price of £85,271 means this house is valued at £1,152 per sq meter (£107 per sq foot).
The average size of a house on CLAREMONT ROAD is 99 sq meters (1,066 sq feet).