£81,144
This estimated value is based upon the latest sale price for the house of £45,300 on 28 Nov 2008. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £45,300 | 28 Nov 2008 |
| £17,500 | 8 Dec 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 November 2008 the House Price Index for BLACKPOOL was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.126%.Applying this 79.126% change to the original purchase price of £45,300 results in an estimated price of approximately £81,144.
| 28 Nov 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.126 % | £45,300 | £35,844 | £81,144 |
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 | -3.086 % | £-1,397 | £43,902 |
| 3 Month Average | -6.526 % | £-2,956 | £42,343 |
| 6 Month Average | 6.729 % | £3,048 | £48,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £91,104 | £90,000 | FLAT 6 COURTFIELDS, 121 HORNBY ROAD |
| 23 Jun 2023 | £86,042 | £85,000 | FLAT 25 COURTFIELDS, 121 HORNBY ROAD |
| 1 Mar 2023 | £149,912 | £148,500 | 68 PALATINE ROAD |
| 21 Oct 2022 | £37,595 | £38,000 | 6 KINGSLEY COURT PARK ROAD |
| 7 Jan 2022 | £142,075 | £135,000 | 105 PARK ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 23 May 2013. Using an estimated price of £81,144 means this house is valued at £1,726 per sq meter (£160 per sq foot).
The average size of a house on PARK ROAD is 100 sq meters (1,081 sq feet).