£235,345
This estimated value is based upon the latest sale price for the house of £230,000 on 13 Oct 2023. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £230,000 | 13 Oct 2023 |
| £169,950 | 9 Oct 2007 |
| £60,000 | 19 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 2023 the House Price Index for BLACKPOOL was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £230,000 results in an estimated price of approximately £235,345.
| 13 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £230,000 | £5,345 | £235,345 |
The Postcode Pricing Model uses changes in average sales price within the FY1 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 | 10.894 % | £25,056 | £255,056 |
| 3 Month Average | 2.048 % | £4,709 | £234,709 |
| 6 Month Average | -1.909 % | £-4,390 | £225,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £105,000 | £105,000 | FLAT 12 WHITEGATE COURT, 195 WHITEGATE DRIVE |
| 13 Oct 2023 | £235,345 | £230,000 | 16 SOMERSET AVENUE |
| 16 Aug 2023 | £198,582 | £195,000 | 6 SOMERSET AVENUE |
| 4 Aug 2023 | £162,939 | £160,000 | 34 SOMERSET AVENUE |
| 4 Aug 2023 | £78,414 | £77,000 | 24 CHIDDLINGFORD COURT |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 22 Jul 2014. Using an estimated price of £235,345 means this house is valued at £1,579 per sq meter (£146 per sq foot).
The average size of a house on SOMERSET AVENUE is 108 sq meters (1,171 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,603 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Snowdon Close |
| Sep 2024 | Anti-social behaviour | On or near Whitegate Drive | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitegate Drive |
| Sep 2024 | Anti-social behaviour | On or near Whitegate Drive | |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Whitegate Drive |