£450,365
This estimated value is based upon the latest sale price for the house of £340,000 on 13 Oct 2016. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £340,000 | 13 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 210 sq meters or 2,260 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 October 2016 the House Price Index for BLACKPOOL was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £340,000 results in an estimated price of approximately £450,365.
| 13 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £340,000 | £110,365 | £450,365 |
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 | 14.753 % | £50,159 | £390,159 |
| 3 Month Average | 21.678 % | £73,703 | £413,703 |
| 6 Month Average | 23.961 % | £81,465 | £421,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £354,533 | £350,000 | LILAC FARM WHALLEY LANE |
| 19 Aug 2022 | £229,383 | £230,000 | 2 RUNNELL VILLAS |
| 17 Jun 2022 | £258,655 | £255,000 | 23 MAGNOLIA WAY |
| 8 Apr 2022 | £242,003 | £235,000 | 8 ORCHID WAY |
| 17 Dec 2021 | £249,095 | £232,500 | 10 JASMINE CLOSE |
This house has a floor area of 210 sq meters or 2,260 sq feet when measured on 23 Sep 2016. Using an estimated price of £450,366 means this house is valued at £2,144 per sq meter (£199 per sq foot).
The average size of a house on CHAPEL ROAD is 108 sq meters (1,172 sq feet).
This house is the largest in the street with a floor area of 210 sq meters (2,260 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jasmine Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Orchid Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Orchid Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Eastbank Avenue |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Eastbank Avenue |