£123,474
This estimated value is based upon the latest sale price for the house of £73,000 on 3 Dec 2012. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £73,000 | 3 Dec 2012 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 December 2012 the House Price Index for BLACKPOOL was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £73,000 results in an estimated price of approximately £123,474.
| 3 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £73,000 | £50,474 | £123,474 |
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 | 41.779 % | £30,498 | £103,498 |
| 3 Month Average | 31.053 % | £22,668 | £95,668 |
| 6 Month Average | 47.535 % | £34,700 | £107,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £216,284 | £212,500 | 9 FINCHLEY ROAD |
| 17 Nov 2023 | £122,311 | £120,500 | 9 REDCAR ROAD |
| 5 Apr 2023 | £111,197 | £110,000 | 6 ORMOND AVENUE |
| 31 Mar 2023 | £100,446 | £99,500 | 29 REDCAR ROAD |
| 2 Feb 2023 | £92,438 | £92,500 | 15 ORMOND AVENUE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 27 Aug 2012. Using an estimated price of £123,475 means this house is valued at £1,143 per sq meter (£106 per sq foot).
The average size of a house on REDCAR ROAD is 124 sq meters (1,343 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Ormond Avenue | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ormond Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ormond Avenue |
| Feb 2024 | Anti-social behaviour | On or near Ormond Avenue | |
| Feb 2024 | Other crime | Under investigation | On or near Ormond Avenue |