£168,104
This estimated value is based upon the latest sale price for the house of £156,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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Price Paid | Date |
---|---|
£156,000 | 17 Sep 2021 |
£71,500 | 5 May 2010 |
£52,000 | 17 Dec 2009 |
Flats/Maisonettes |
Freehold |
Floor Area: 38 sq meters or 417 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 September 2021 the House Price Index for BLACKPOOL was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £156,000 results in an estimated price of approximately £168,104.
17 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £156,000 | £12,104 | £168,104 |
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 | 4.075 % | £6,356 | £162,356 |
3 Month Average | -0.703 % | £-1,095 | £154,904 |
6 Month Average | 13.968 % | £21,789 | £177,789 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £264,630 | £260,000 | 15 HULL ROAD |
28 Nov 2023 | £106,578 | £105,000 | 12 HORNBY ROAD |
27 Nov 2023 | £50,751 | £50,000 | 66A CENTRAL DRIVE |
27 Mar 2023 | £95,904 | £95,000 | WAKEFIELD HOUSE HOTEL, 18 HULL ROAD |
23 Feb 2023 | £139,906 | £140,000 | 12 HULL ROAD |
This house has a floor area of 38 sq meters or 417 sq feet when measured on 21 Dec 2009. Using an estimated price of £168,104 means this house is valued at £4,337 per sq meter (£402 per sq foot).