£116,995
This estimated value is based upon the latest sale price for the house of £94,000 on 21 Jun 2019. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £94,000 | 21 Jun 2019 |
| £83,000 | 6 Jan 2014 |
| £120,000 | 8 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2019 the House Price Index for BLACKPOOL was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £94,000 results in an estimated price of approximately £116,995.
| 21 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £94,000 | £22,995 | £116,995 |
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 | 39.417 % | £37,051 | £131,051 |
| 3 Month Average | 20.470 % | £19,241 | £113,241 |
| 6 Month Average | 6.014 % | £5,653 | £99,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £127,000 | £127,000 | 19 MANOR ROAD |
| 17 Apr 2024 | £72,631 | £72,000 | 61 MANOR ROAD |
| 20 Feb 2023 | £117,787 | £117,000 | 25 MANOR ROAD |
| 20 Jul 2022 | £121,215 | £120,000 | 29 GAINSBOROUGH ROAD |
| 1 Jul 2022 | £109,093 | £108,000 | 225 PALATINE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 27 Apr 2010. Using an estimated price of £116,995 means this house is valued at £1,169 per sq meter (£108 per sq foot).
The average size of a house on GAINSBOROUGH ROAD is 110 sq meters (1,186 sq feet).