£84,594
This estimated value is based upon the latest sale price for the house of £56,500 on 7 Nov 2014. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £56,500 | 7 Nov 2014 |
| £194,000 | 11 Jan 2006 |
| Terraced |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 November 2014 the House Price Index for BLACKPOOL was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £56,500 results in an estimated price of approximately £84,594.
| 7 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £56,500 | £28,094 | £84,594 |
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 | 15.004 % | £8,477 | £64,977 |
| 3 Month Average | 10.825 % | £6,116 | £62,616 |
| 6 Month Average | 31.390 % | £17,735 | £74,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £146,164 | £144,000 | 140 ADELAIDE STREET |
| 20 Nov 2023 | £85,262 | £84,000 | 79 ADELAIDE STREET |
| 7 Jul 2023 | £96,296 | £95,000 | 144 ADELAIDE STREET |
| 5 Apr 2023 | £232,503 | £230,000 | 15 - 17 SOUTH KING STREET |
| 31 Jan 2023 | £84,601 | £85,000 | 26 KING STREET |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 20 Aug 2014. Using an estimated price of £84,594 means this house is valued at £640 per sq meter (£59 per sq foot).
The average size of a house on ADELAIDE STREET is 101 sq meters (1,089 sq feet).