Blackpool

Area Guide For Blackpool

Blackpool is one of England’s major seaside towns and is in the Borough of Lancashire. The town is a unitary authority area and its population has been estimated of 142,100 residents and that makes it the 4th densely populated borough of England and Wales outside Greater London. It has been defined as place that a tourist must visit if they come to England. Per Year they get 10 million visitors and it still remain one of the most popular seaside resort in the UK. Pleasure Beach Blackpool was recognized as the country most popular free attraction with 6 million visitors a year.

 
 

Blackpool Map

Estimated Price: £118,605
Average Asking Price: £142,176
Price change in last one year: £5,092
Average Price Paid: £107,014
Average Rent Rates: £530

 
 

Property Prices Breakdown in Blackpool

Average Price for property in Blackpool is around £118,605 which varies based on type of property you are interested in and ranges from £221,099 for detached house to around £128,043 for semi-detached. Similarly terraced house is around £93,710 and a flat is worth £89,670. Values have been changing and have risen £1,521 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,570 in last 6 months, £5,092 in last 1 year, £14,539 in last 2 years, £10,519 in last 3 years, £11,342 in last 4 years and £8,557 in last 5 years.

Currently average asking price of a property in Blackpool is around £142,176 based on approximately 1,506 properties for sale. Same is the case with rental options based on 582 properties up for rent, average asking rent is around £530 per month.

Estimated property value in Blackpool is £118,605. Average asking price is £142,176 while average price paid is £109,955 which is up by £5,092 and Avg. asking rent £530.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Blackpool area. In last 1 year alone average price buyer paid is around £109,955 based on approximately 1,506 sales in Blackpool area alone. If you compare it to last 3 years sales of 4,152 properties where buyers paid around £106,126. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £107,014 for 6,622 and average amount paid for purchase of approx. 9,588 properties sold in last 7 years comes to about £110,020 per sale.

 
 

Properties For Sale in Blackpool

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £69,977, £99,257 for a 2 bedroom house, £126,278 for a 3 bedroom house, £188,495 for a 4 bedroom house and £258,953 for a 5 bedroom house. For a flat similarly the prices varies from £66,394 for a single bedroom to £94,851 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £122,131, £100,000 for a 4 bedroom flat and £202,475 for a 5 bedroom flat. To sum up the asking prices for properties in Blackpool it comes to around average £67,101 for 1 bedroom property, £98,057 for 2 bedroom, £126,144 for 3 bedroom, £187,691 for 4 bedroom and £257,131 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £282 for 1 bedroom to £526 for 2 bedrooms, £584 for 3 bedrooms, £919 for 4 bedrooms and £650 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £374. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £489, £533 for 3 bedroom, £600 for 4 bedroom and around £650 for 5 bedroom flat. You should be generally be expecting around average £372 rent per month for single bedroom property, £503 for 2 bedroom, £579 for 3 bedroom, £887 for 4 bedroom and approximately £650 for a 5 bedroom property in Blackpool area.

Popular Houses in Blackpool

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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