£270,979
This estimated value is based upon the latest sale price for the house of £175,000 on 6 Jun 2014. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £175,000 | 6 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 243 sq meters or 2,615 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 2014 the House Price Index for BLACKPOOL was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £175,000 results in an estimated price of approximately £270,979.
| 6 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £175,000 | £95,979 | £270,979 |
The Postcode Pricing Model uses changes in average sales price within the FY4 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 | 38.928 % | £68,123 | £243,123 |
| 3 Month Average | 37.279 % | £65,237 | £240,237 |
| 6 Month Average | 30.920 % | £54,109 | £229,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2024 | £80,000 | £80,000 | FLAT 4 SPRINGDALE COURT, 25 BOSCOMBE ROAD |
| 26 Jul 2024 | £416,741 | £416,741 | 502 LYTHAM ROAD |
| 18 Dec 2023 | £278,560 | £270,000 | 509 LYTHAM ROAD |
| 13 Oct 2023 | £173,951 | £170,000 | 8 BOURNEMOUTH ROAD |
| 20 Sep 2023 | £194,283 | £190,000 | 504 LYTHAM ROAD |
This house has a floor area of 243 sq meters or 2,615 sq feet when measured on 10 Mar 2014. Using an estimated price of £270,979 means this house is valued at £1,115 per sq meter (£103 per sq foot).
The average size of a house on BOSCOMBE ROAD is 147 sq meters (1,592 sq feet).