£159,406
This estimated value is based upon the latest sale price for the house of £120,000 on 26 Sep 2016. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £120,000 | 26 Sep 2016 |
| £101,000 | 28 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2016 the House Price Index for BLACKPOOL was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £120,000 results in an estimated price of approximately £159,406.
| 26 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £120,000 | £39,406 | £159,406 |
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 | 20.014 % | £24,016 | £144,016 |
| 3 Month Average | 8.930 % | £10,715 | £130,715 |
| 6 Month Average | 26.703 % | £32,044 | £152,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £68,577 | £67,700 | 41 CONDOR GROVE |
| 15 Aug 2023 | £91,803 | £91,000 | 212 BLOOMFIELD ROAD |
| 7 Jul 2023 | £63,859 | £63,000 | FLAT B 189 BLOOMFIELD ROAD |
| 10 Mar 2023 | £119,122 | £118,000 | 109 GRASMERE ROAD |
| 6 Jan 2023 | £86,592 | £87,000 | FLAT C 189 BLOOMFIELD ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 26 Apr 2016. Using an estimated price of £159,407 means this house is valued at £1,306 per sq meter (£121 per sq foot).
The average size of a house on GRASMERE ROAD is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lilac Avenue |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Lilac Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Chadfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chadfield Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chadfield Road |