£256,288
This estimated value is based upon the latest sale price for the house of £168,000 on 22 Aug 2014. This value is then adjusted by the current Official House Price Index for BLACKPOOL 1
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| Price Paid | Date |
|---|---|
| £168,000 | 22 Aug 2014 |
| £63,000 | 21 Aug 1998 |
| £59,995 | 31 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 August 2014 the House Price Index for BLACKPOOL was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £168,000 results in an estimated price of approximately £256,288.
| 22 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £168,000 | £88,288 | £256,288 |
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 | 39.802 % | £66,867 | £234,867 |
| 3 Month Average | 46.815 % | £78,648 | £246,648 |
| 6 Month Average | 36.088 % | £60,628 | £228,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 30 Jan 2023 | £215,576 | £215,000 | 1A SOMERSET AVENUE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 20 Jun 2012. Using an estimated price of £256,289 means this house is valued at £1,898 per sq meter (£176 per sq foot).
The average size of a house on SOMERSET AVENUE is 108 sq meters (1,171 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Snowdon Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | 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 |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whitegate Drive |