£38,089
This estimated value is based upon the latest sale price for the house of £23,000 on 27 Sep 2013. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £23,000 | 27 Sep 2013 |
| £44,500 | 27 Aug 2009 |
| £70,000 | 16 Jul 2004 |
| £32,000 | 25 Oct 1996 |
| £35,000 | 16 Jan 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 406 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 September 2013 the House Price Index for BLACKPOOL was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £23,000 results in an estimated price of approximately £38,089.
| 27 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £23,000 | £15,089 | £38,089 |
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 | 79.376 % | £18,256 | £41,256 |
| 3 Month Average | 35.029 % | £8,056 | £31,056 |
| 6 Month Average | 35.149 % | £8,084 | £31,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jun 2024 | £155,000 | £155,000 | 22 RAIKES PARADE |
| 3 May 2024 | £170,000 | £170,000 | 50 PARK ROAD |
| 16 Aug 2023 | £268,340 | £263,500 | FLAT 5 37 RAIKES PARADE |
| 7 Jun 2022 | £199,259 | £195,000 | 53 PARK ROAD |
| 6 Apr 2022 | £186,736 | £180,000 | FLAT 1 70 PARK ROAD |
This house has a floor area of 37 sq meters or 406 sq feet when measured on 31 Jan 2012. Using an estimated price of £38,089 means this house is valued at £1,007 per sq meter (£93 per sq foot).
The average size of a house on PRIORY COURT is 45 sq meters (484 sq feet).