£1,036,400
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Aug 1998. This value is then adjusted by the current Official House Price Index for POOLE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 12 Aug 1998 |
| £175,000 | 15 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 882 sq feet |
This model uses changes in the Official Land Registry House Price Index for POOLE to estimate the market value.
When this house was purchased in August 1998 the House Price Index for POOLE was 31.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 360.622%.Applying this 360.622% change to the original purchase price of £225,000 results in an estimated price of approximately £1,036,400.
| 12 Aug 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 146.7 | 360.622 % | £225,000 | £811,400 | £1,036,400 |
The Postcode Pricing Model uses changes in average sales price within the BH15 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 | 393.078 % | £884,425 | £1,109,425 |
| 3 Month Average | 298.205 % | £670,960 | £895,960 |
| 6 Month Average | 312.705 % | £703,586 | £928,586 |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 4 May 2016.
The average size of a house on LAKE AVENUE is 123 sq meters (1,331 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lake Avenue |
| Jan 2024 | Drugs | Under investigation | On or near Lake Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lake Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lake Drive |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lulworth Crescent |