£193,365
This estimated value is based upon the latest sale price for the house of £122,500 on 29 Feb 2008. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £122,500 | 29 Feb 2008 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 February 2008 the House Price Index for BLACKPOOL was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £122,500 results in an estimated price of approximately £193,365.
| 29 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 149.7 | 57.849 % | £122,500 | £70,865 | £193,365 |
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 | 11.466 % | £14,045 | £136,545 |
| 3 Month Average | 17.445 % | £21,369 | £143,869 |
| 6 Month Average | 12.404 % | £15,194 | £137,694 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £64,561 | £64,000 | FLAT 16 GRIZEDALE COURT FOREST GATE |
| 20 Dec 2023 | £58,807 | £57,000 | FLAT 36 GRIZEDALE COURT FOREST GATE |
| 2 Nov 2023 | £182,123 | £177,500 | 5 RIDGWOOD AVENUE |
| 30 Oct 2023 | £40,930 | £40,000 | FLAT 28 GRIZEDALE COURT FOREST GATE |
| 18 Aug 2023 | £173,122 | £170,000 | 33 NEWTON DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 3 May 2016. Using an estimated price of £193,365 means this house is valued at £2,301 per sq meter (£213 per sq foot).
The average size of a house on RIDGWOOD AVENUE is 119 sq meters (1,291 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridgwood Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridgwood Avenue |