£82,985
This estimated value is based upon the latest sale price for the house of £75,000 on 15 Oct 2021. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £75,000 | 15 Oct 2021 |
| £55,000 | 29 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 October 2021 the House Price Index for BLACKPOOL was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £75,000 results in an estimated price of approximately £82,985.
| 15 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £75,000 | £7,985 | £82,985 |
The Postcode Pricing Model uses changes in average sales price within the FY4 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 | 15.046 % | £11,284 | £86,284 |
| 3 Month Average | 1.067 % | £799 | £75,799 |
| 6 Month Average | 0.617 % | £462 | £75,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £58,872 | £58,000 | 9 WESTBANK AVENUE |
| 12 Sep 2023 | £354,533 | £350,000 | LILAC FARM WHALLEY LANE |
| 26 Jul 2023 | £109,980 | £108,500 | 15 WESTBANK AVENUE |
| 27 Feb 2023 | £94,936 | £95,000 | 24 SOUTHBANK AVENUE |
| 26 Aug 2022 | £93,249 | £93,500 | 16 WESTBANK AVENUE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 11 Jan 2017. Using an estimated price of £82,986 means this house is valued at £1,536 per sq meter (£142 per sq foot).
The average size of a house on SOUTHBANK AVENUE is 69 sq meters (747 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Eastbank Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Eastbank Avenue |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Eastbank Avenue |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Eastbank Avenue |
| Jan 2024 | Anti-social behaviour | On or near Eastbank Avenue |