£555,018
This estimated value is based upon the latest sale price for the house of £450,000 on 29 Jul 2019. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £450,000 | 29 Jul 2019 |
| £250,000 | 29 Jul 2019 |
| £70,000 | 19 Dec 2018 |
| £75,000 | 22 Dec 1999 |
| £34,000 | 23 Aug 1996 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 July 2019 the House Price Index for BLACKPOOL was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £450,000 results in an estimated price of approximately £555,018.
| 29 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £450,000 | £105,018 | £555,018 |
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 | 5.627 % | £25,321 | £475,321 |
| 3 Month Average | -9.183 % | £-41,324 | £408,675 |
| 6 Month Average | 2.492 % | £11,213 | £461,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £93,698 | £92,500 | 144 PARK ROAD |
| 28 Jun 2023 | £101,226 | £100,000 | 101 PALATINE ROAD |
| 22 Mar 2023 | £232,188 | £230,000 | FLAT 1 116 PALATINE ROAD |
| 20 Mar 2023 | £143,855 | £142,500 | 126 PALATINE ROAD |
| 1 Mar 2023 | £149,912 | £148,500 | 68 PALATINE ROAD |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 17 Jul 2019. Using an estimated price of £555,019 means this house is valued at £3,189 per sq meter (£296 per sq foot).
The average size of a house on PALATINE ROAD is 141 sq meters (1,519 sq feet).