£287,829
This estimated value is based upon the latest sale price for the house of £170,000 on 20 Feb 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 20 Feb 2012 |
| £65,000 | 3 Feb 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,655 sq feet |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in February 2012 the House Price Index for LANCASHIRE was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.312%.Applying this 69.312% change to the original purchase price of £170,000 results in an estimated price of approximately £287,829.
| 20 Feb 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.312 % | £170,000 | £117,829 | £287,829 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 38.416 % | £65,306 | £235,306 |
| 3 Month Average | 58.164 % | £98,879 | £268,879 |
| 6 Month Average | 36.877 % | £62,690 | £232,690 |
This house has a floor area of 153 sq meters or 1,655 sq feet when measured on 15 Oct 2009.
The average size of a house on SOMERSET AVENUE is 139 sq meters (1,506 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Somerset Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Grove |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near The Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Denbigh Drive |
| Feb 2024 | Anti-social behaviour | On or near Denbigh Drive |