£123,476
This estimated value is based upon the latest sale price for the house of £32,500 on 25 Apr 2000. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £32,500 | 25 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 April 2000 the House Price Index for BLACKPOOL was 39.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 279.926%.Applying this 279.926% change to the original purchase price of £32,500 results in an estimated price of approximately £123,476.
| 25 Apr 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 148.6 | 279.926 % | £32,500 | £90,976 | £123,476 |
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 | 142.476 % | £46,304 | £78,804 |
| 3 Month Average | 123.432 % | £40,115 | £72,615 |
| 6 Month Average | 159.081 % | £51,701 | £84,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £67,914 | £67,000 | 18 BEDFORD ROAD |
| 19 Jun 2023 | £75,413 | £74,500 | 38 BEDFORD ROAD |
| 2 Sep 2022 | £66,463 | £67,000 | 59 CLAREMONT ROAD |
| 5 Aug 2022 | £74,799 | £75,000 | 67 CLAREMONT ROAD |
| 18 Feb 2022 | £84,944 | £81,000 | 43 BEDFORD ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 Dec 2021. Using an estimated price of £123,476 means this house is valued at £1,763 per sq meter (£163 per sq foot).
The average size of a house on CLAREMONT ROAD is 99 sq meters (1,066 sq feet).