£66,544
This estimated value is based upon the latest sale price for the house of £54,000 on 19 Oct 2018. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £54,000 | 19 Oct 2018 |
| £66,500 | 8 May 2014 |
| £63,000 | 26 Jul 2013 |
| £38,950 | 27 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2018 the House Price Index for BLACKPOOL was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £54,000 results in an estimated price of approximately £66,544.
| 19 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £54,000 | £12,544 | £66,544 |
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 | 32.080 % | £17,323 | £71,323 |
| 3 Month Average | 4.528 % | £2,444 | £56,444 |
| 6 Month Average | 25.973 % | £14,025 | £68,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £178,116 | £175,000 | 143 HIGH STREET |
| 7 Dec 2023 | £63,613 | £62,500 | 9 LYNN GROVE |
| 22 Nov 2023 | £56,842 | £56,000 | 46 EXCHANGE STREET |
| 21 Sep 2023 | £89,140 | £88,000 | 90 HIGH STREET |
| 14 Sep 2023 | £76,984 | £76,000 | 51 EXCHANGE STREET |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 26 May 2016. Using an estimated price of £66,545 means this house is valued at £652 per sq meter (£60 per sq foot).
The average size of a house on HIGH STREET is 116 sq meters (1,253 sq feet).