£154,408
This estimated value is based upon the latest sale price for the house of £125,000 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £125,000 | 15 Feb 2019 |
| £137,000 | 4 Aug 2004 |
| £82,500 | 3 Feb 2003 |
| £43,000 | 14 Jul 2000 |
| £40,000 | 19 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,028 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 February 2019 the House Price Index for BLACKPOOL was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £125,000 results in an estimated price of approximately £154,408.
| 15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £125,000 | £29,408 | £154,408 |
The Postcode Pricing Model uses changes in average sales price within the FY2 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 | -14.288 % | £-17,860 | £107,139 |
| 3 Month Average | 17.075 % | £21,344 | £146,344 |
| 6 Month Average | 18.915 % | £23,643 | £148,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £827,237 | £820,000 | BELGRAVE MADISON HOTEL, 272 - 274 QUEENS PROMENADE |
| 8 Nov 2022 | £533,537 | £540,000 | 254 QUEENS PROMENADE |
| 29 Jul 2022 | £300,810 | £300,000 | 5 ARUNDEL AVENUE |
| 19 May 2022 | £749,115 | £735,000 | 292 QUEENS PROMENADE |
| 4 May 2022 | £73,892 | £72,500 | 17A BEAUFORT AVENUE |
This house has a floor area of 95 sq meters or 1,028 sq feet when measured on 24 Apr 2009. Using an estimated price of £154,409 means this house is valued at £1,615 per sq meter (£150 per sq foot).
The average size of a house on MADISON AVENUE is 167 sq meters (1,803 sq feet).
This house is the smallest in the street with a floor area of 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Queen'S Promenade |
| Feb 2024 | Anti-social behaviour | On or near Madison Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Madison Avenue | |
| Feb 2024 | Burglary | Under investigation | On or near Madison Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Madison Avenue |