£138,163
This estimated value is based upon the latest sale price for the house of £80,000 on 3 May 2011. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £80,000 | 3 May 2011 |
| £42,500 | 3 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 604 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 May 2011 the House Price Index for BLACKPOOL was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £80,000 results in an estimated price of approximately £138,163.
| 3 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £80,000 | £58,163 | £138,163 |
The Postcode Pricing Model uses changes in average sales price within the FY3 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 | 27.843 % | £22,274 | £102,274 |
| 3 Month Average | 39.816 % | £31,853 | £111,853 |
| 6 Month Average | 34.029 % | £27,222 | £107,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £98,763 | £97,500 | 261 PRESTON OLD ROAD |
| 24 Jan 2023 | £94,555 | £95,000 | 23 NORFOLK ROAD |
| 4 Aug 2022 | £66,820 | £67,000 | 2 NORFOLK ROAD |
| 3 Aug 2022 | £91,753 | £92,000 | 9 SUFFOLK ROAD |
| 6 Jul 2022 | £95,256 | £95,000 | 33 NORFOLK ROAD |
This house has a floor area of 56 sq meters or 604 sq feet when measured on 23 Mar 2011. Using an estimated price of £138,163 means this house is valued at £2,458 per sq meter (£228 per sq foot).
The average size of a house on PRESTON OLD ROAD is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Road |
| Dec 2023 | Anti-social behaviour | On or near Suffolk Road | |
| Dec 2023 | Anti-social behaviour | On or near Suffolk Road |