£140,294
This estimated value is based upon the latest sale price for the house of £89,000 on 26 Jul 2007. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £89,000 | 26 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2007 the House Price Index for BLACKPOOL was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £89,000 results in an estimated price of approximately £140,294.
| 26 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £89,000 | £51,294 | £140,294 |
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 | -8.851 % | £-7,877 | £81,122 |
| 3 Month Average | -15.179 % | £-13,509 | £75,490 |
| 6 Month Average | -3.774 % | £-3,358 | £85,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £51,399 | £50,500 | 32 GORTON STREET |
| 26 Jun 2023 | £93,128 | £92,000 | 31 BUTLER STREET |
| 6 Apr 2023 | £92,496 | £91,500 | 8 HARDMAN STREET |
| 5 Apr 2023 | £87,947 | £87,000 | 1 FAIRHURST TERRACE |
| 22 Mar 2023 | £82,780 | £82,000 | 6 HARDMAN STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 16 Jan 2020. Using an estimated price of £140,294 means this house is valued at £1,446 per sq meter (£134 per sq foot).
The average size of a house on GORTON STREET is 86 sq meters (936 sq feet).