£357,975
This estimated value is based upon the latest sale price for the house of £273,000 on 7 Dec 2016. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £273,000 | 7 Dec 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 December 2016 the House Price Index for BLACKPOOL was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £273,000 results in an estimated price of approximately £357,975.
| 7 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £273,000 | £84,975 | £357,975 |
The Postcode Pricing Model uses changes in average sales price within the FY4 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 | 6.699 % | £18,288 | £291,288 |
| 3 Month Average | 16.338 % | £44,603 | £317,603 |
| 6 Month Average | 18.893 % | £51,579 | £324,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £400,936 | £395,000 | LANGTREE JUBILEE LANE |
| 24 Nov 2023 | £126,878 | £125,000 | 2 MIDGELAND TERRACE SCHOOL ROAD |
| 23 Sep 2022 | £126,975 | £128,000 | 350 MIDGELAND ROAD |
| 5 Apr 2022 | £566,390 | £550,000 | FALLING ROYD JUBILEE LANE |
| 25 Mar 2022 | £362,692 | £350,000 | CHAPEL HOUSE CHAPEL ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 6 May 2014. Using an estimated price of £357,976 means this house is valued at £2,934 per sq meter (£272 per sq foot).
The average size of a house on JUBILEE LANE is 218 sq meters (2,350 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bambers Lane |
| Mar 2024 | Anti-social behaviour | On or near Bambers Lane | |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Bambers Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bambers Lane |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bambers Lane |