£547,129
This estimated value is based upon the latest sale price for the house of £165,000 on 3 Aug 2001. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £165,000 | 3 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 228 sq meters or 2,454 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 August 2001 the House Price Index for BLACKPOOL was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £165,000 results in an estimated price of approximately £547,129.
| 3 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £165,000 | £382,129 | £547,129 |
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 | 87.649 % | £144,620 | £309,620 |
| 3 Month Average | 118.907 % | £196,197 | £361,197 |
| 6 Month Average | 136.783 % | £225,691 | £390,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £284,208 | £280,000 | 525 DEVONSHIRE ROAD |
| 22 Sep 2023 | £104,840 | £103,500 | 20 BETHEL AVENUE |
| 20 Sep 2023 | £182,331 | £180,000 | 516 DEVONSHIRE ROAD |
| 31 Aug 2023 | £146,280 | £145,000 | 17 BETHEL AVENUE |
| 12 Apr 2023 | £252,721 | £250,000 | 546 DEVONSHIRE ROAD |
This house has a floor area of 228 sq meters or 2,454 sq feet when measured on 22 Jul 2015. Using an estimated price of £547,130 means this house is valued at £2,399 per sq meter (£222 per sq foot).
The average size of a house on DEVONSHIRE ROAD is 118 sq meters (1,278 sq feet).