£188,143
This estimated value is based upon the latest sale price for the house of £110,000 on 12 Oct 2012. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £110,000 | 12 Oct 2012 |
| £38,000 | 4 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2012 the House Price Index for BLACKPOOL was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £110,000 results in an estimated price of approximately £188,143.
| 12 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £110,000 | £78,143 | £188,143 |
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 | 27.484 % | £30,232 | £140,232 |
| 3 Month Average | 46.214 % | £50,835 | £160,835 |
| 6 Month Average | 37.895 % | £41,683 | £151,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £380,663 | £371,000 | 228 NEWTON DRIVE |
| 26 Aug 2022 | £167,734 | £166,950 | 12 CRESTWAY |
| 1 Aug 2022 | £155,728 | £155,000 | 128 INGLEWAY AVENUE |
| 16 Jun 2022 | £158,386 | £155,000 | 6 RIVERSWAY |
| 1 Jun 2022 | £118,534 | £116,000 | 119 INGLEWAY AVENUE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 1 Aug 2012. Using an estimated price of £188,144 means this house is valued at £1,939 per sq meter (£180 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 | Criminal damage and arson | Unable to prosecute suspect | On or near Riversway |