Flat 3, The Lakes
Flat 3, The Lakes
Description & Estimates
Public records show Flat 3, The Lakes, Blackpool to be a modern leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, The Lakes, Blackpool has an estimated sale value of £54,974 and an estimated rental value of £431 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Lakes, Mickleden Road, Blackpool, FY4.
Mickleden Road, Blackpool, FY4 lies within the FY4 postal district.
Our Data Sources
Flat 3, The Lakes, Blackpool has a single entry in the Land Registry from March 2007 and a single entry in the EPC database dated February 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, The Lakes, Blackpool would be worth £57,722, with a potential rental value of £452 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £51,125, with a rental value of £401 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3, The Lakes, Blackpool has fallen by £225 (0.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £12 (2.9%). The property's estimated gross yield is currently 9.4%.
Energy Efficiency
Flat 3, The Lakes, Blackpool has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Feb 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 3, The Lakes, Blackpool last changed hands on 19th March 2007, selling for £58,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 40.6% since March 2007.
- Sold Mar 2007£58,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 670 metres of Flat 3, The Lakes, Blackpool across the last 2 years.
Most recently, 162, Branstree Road, Blackpool, FY4 4TD, a leasehold flat, sold at £50,000 on the 22nd November 2024.
Read more about house prices in FY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 3, The Lakes, Blackpool as the 17th largest and the 21st most expensive of the 38 addresses on Mickleden Road, Blackpool, FY4.
Against the FY4 postcode district average, it is £94k less expensive than the typical property.
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Schools Nearby
- 500mMereside Primary Academy
- 1.0kmStanley Primary School
- 1.7kmMarton Primary Academy and Nursery
- 1.2kmSt George's School A Church of England Academy
- 2.5kmHighfield Leadership Academy
- 3.1kmSouth Shore Academy
More reading links
Public Transport Nearby
Blackpool South station is the nearest stop to Flat 3, The Lakes, Blackpool at 3.4 kilometres away.
- 3.4kmBlackpool South
- 4.0kmBlackpool Pleasure Beach
- 4.2kmBlackpool North
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
