£190,973
This estimated value is based upon the latest sale price for the house of £100,000 on 27 Sep 2004. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £100,000 | 27 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2004 the House Price Index for BLACKPOOL was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £100,000 results in an estimated price of approximately £190,973.
| 27 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £100,000 | £90,973 | £190,973 |
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 | 18.192 % | £18,192 | £118,192 |
| 3 Month Average | 5.631 % | £5,630 | £105,630 |
| 6 Month Average | 28.231 % | £28,231 | £128,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £60,530 | £60,000 | 22 LEEDS ROAD |
| 19 Jun 2023 | £192,330 | £190,000 | 2A LEEDS ROAD |
| 14 Apr 2023 | £110,186 | £109,000 | 28 LEEDS ROAD |
| 15 Feb 2023 | £146,401 | £146,500 | 49 LEAMINGTON ROAD |
| 19 Jul 2022 | £73,197 | £73,000 | APARTMENT 8 HILLCREST, 177 HORNBY ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 1 Feb 2013. Using an estimated price of £190,974 means this house is valued at £1,948 per sq meter (£181 per sq foot).
The average size of a house on LEEDS ROAD is 111 sq meters (1,204 sq feet).