£183,268
This estimated value is based upon the latest sale price for the house of £112,500 on 2 Feb 2007. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£112,500 | 2 Feb 2007 |
£97,000 | 8 Sep 2006 |
£54,736 | 25 May 2001 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 2007 the House Price Index for BLACKPOOL was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £112,500 results in an estimated price of approximately £183,268.
2 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.2 | 148.6 | 62.906 % | £112,500 | £70,768 | £183,268 |
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 | -5.272 % | £-5,931 | £106,568 |
3 Month Average | 2.592 % | £2,916 | £115,416 |
6 Month Average | 7.514 % | £8,453 | £120,953 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £65,977 | £65,000 | 11 LYNCROFT CRESCENT |
30 Jun 2023 | £94,140 | £93,000 | 1 GARRICK GROVE |
10 Mar 2023 | £88,332 | £87,500 | 22 MELROSE AVENUE |
10 Jun 2022 | £77,089 | £76,000 | 9 MELROSE AVENUE |
19 Nov 2021 | £104,366 | £96,500 | 10 ALDER GROVE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 9 Jun 2014. Using an estimated price of £183,269 means this house is valued at £2,863 per sq meter (£266 per sq foot).
The average size of a house on MELROSE AVENUE is 70 sq meters (755 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Onslow Road |
Jan 2024 | Anti-social behaviour | On or near Onslow Road | |
Jan 2024 | Anti-social behaviour | On or near Onslow Road | |
Jan 2024 | Anti-social behaviour | On or near Onslow Road | |
Dec 2023 | Anti-social behaviour | On or near Onslow Road |