£192,193
This estimated value is based upon the latest sale price for the house of £122,500 on 7 Aug 2007. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £122,500 | 7 Aug 2007 |
| £42,000 | 1 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 August 2007 the House Price Index for BLACKPOOL was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £122,500 results in an estimated price of approximately £192,193.
| 7 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £122,500 | £69,693 | £192,193 |
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 | -1.698 % | £-2,080 | £120,419 |
| 3 Month Average | -14.794 % | £-18,123 | £104,376 |
| 6 Month Average | -2.635 % | £-3,227 | £119,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £57,500 | £57,500 | FLAT 2 LAWN COURT, 155 HORNBY ROAD |
| 28 Jun 2023 | £101,226 | £100,000 | 101 PALATINE ROAD |
| 9 Jun 2023 | £106,287 | £105,000 | 99 READS AVENUE |
| 22 Mar 2023 | £232,188 | £230,000 | FLAT 1 116 PALATINE ROAD |
| 20 Mar 2023 | £143,855 | £142,500 | 126 PALATINE ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 26 Oct 2016. Using an estimated price of £192,194 means this house is valued at £1,382 per sq meter (£128 per sq foot).
The average size of a house on PALATINE ROAD is 141 sq meters (1,523 sq feet).