£155,139
This estimated value is based upon the latest sale price for the house of £122,500 on 1 Dec 2017. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £122,500 | 1 Dec 2017 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2017 the House Price Index for BLACKPOOL was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £122,500 results in an estimated price of approximately £155,139.
| 1 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £122,500 | £32,639 | £155,139 |
The Postcode Pricing Model uses changes in average sales price within the FY3 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 | 21.986 % | £26,933 | £149,433 |
| 3 Month Average | 22.656 % | £27,753 | £150,253 |
| 6 Month Average | 16.320 % | £19,991 | £142,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £212,000 | £212,000 | 201 ST WALBURGAS ROAD |
| 30 Nov 2023 | £380,663 | £371,000 | 228 NEWTON DRIVE |
| 28 Apr 2023 | £122,287 | £120,000 | 76 LAKEWAY |
| 24 Feb 2023 | £193,291 | £192,000 | 241 ST WALBURGAS ROAD |
| 26 Aug 2022 | £167,734 | £166,950 | 12 CRESTWAY |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 23 Aug 2017. Using an estimated price of £155,140 means this house is valued at £2,154 per sq meter (£200 per sq foot).
The average size of a house on LAKEWAY is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Riversway |
| Jun 2024 | Anti-social behaviour | On or near Riversway | |
| Jun 2024 | Anti-social behaviour | On or near Riversway | |
| Jun 2024 | Anti-social behaviour | On or near Riversway | |
| Jun 2024 | Anti-social behaviour | On or near Riversway |