£54,917
This estimated value is based upon the latest sale price for the house of £44,300 on 14 Aug 2019. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£44,300 | 14 Aug 2019 |
Leasehold |
Floor Area: 155 sq meters or 1,668 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 2019 the House Price Index for BLACKPOOL was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £44,300 results in an estimated price of approximately £54,917.
14 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £44,300 | £10,617 | £54,917 |
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 | 53.813 % | £23,839 | £68,139 |
3 Month Average | 12.539 % | £5,554 | £49,854 |
6 Month Average | 10.606 % | £4,698 | £48,998 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £817,108 | £792,000 | 43 QUEEN STREET |
18 Oct 2023 | £240,461 | £235,000 | 34 - 36 TALBOT ROAD |
16 Oct 2023 | £202,601 | £198,000 | 150 - 152 PROMENADE |
5 Oct 2023 | £94,650 | £92,500 | 9 BANKS STREET |
28 Sep 2023 | £71,578 | £70,000 | 25 SPRINGFIELD ROAD |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 15 Nov 2016. Using an estimated price of £54,918 means this house is valued at £354 per sq meter (£32 per sq foot).