£145,152
This estimated value is based upon the latest sale price for the house of £84,000 on 29 Jul 2011. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
There have been two burglaries within the last year on or near Shetland Road
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| Price Paid | Date |
|---|---|
| £84,000 | 29 Jul 2011 |
| £72,500 | 25 Nov 2003 |
| £37,000 | 22 Jun 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 July 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 72.800%.Applying this 72.800% change to the original purchase price of £84,000 results in an estimated price of approximately £145,152.
| 29 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £84,000 | £61,152 | £145,152 |
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 | 17.607 % | £14,790 | £98,790 |
| 3 Month Average | 15.182 % | £12,752 | £96,752 |
| 6 Month Average | 30.686 % | £25,775 | £109,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £156,368 | £155,000 | 36 SHETLAND ROAD |
| 30 Mar 2023 | £116,094 | £115,000 | 19 DUNELT ROAD |
| 15 Mar 2023 | £118,618 | £117,500 | 32 SHETLAND ROAD |
| 27 Feb 2023 | £102,931 | £103,000 | 35 SHETLAND ROAD |
| 17 Feb 2023 | £109,926 | £110,000 | 5 SHETLAND ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 11 Sep 2013. Using an estimated price of £145,152 means this house is valued at £1,885 per sq meter (£175 per sq foot).
The average size of a house on SHETLAND ROAD is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shetland Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shetland Road |
| Dec 2023 | Anti-social behaviour | On or near Shetland Road | |
| Dec 2023 | Anti-social behaviour | On or near Shetland Road | |
| Dec 2023 | Anti-social behaviour | On or near Shetland Road |