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2 Somerset Avenue is a residential building situated on Somerset Avenue, Blackpool, FY1 with 2 addresses.
It ranks as the 235th largest and 1437th most expensive of the 1,489 buildings in the FY1 area. The dominant property type is a early-century house built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
2 Somerset Avenue is a residential building situated on Somerset Avenue, Blackpool, FY1 with 2 addresses.
It ranks as the 235th largest and 1437th most expensive of the 1,489 buildings in the FY1 area. The dominant property type is a early-century house built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £134,641 for 2 bedroom Leasehold flats (635 ft2) to £210,325 for 3 bedroom freehold houses with a garden (1,065 ft2) .
Monthly rental prices range from £784 pcm for 2 bed flats to £1,072 pcm for 3 bed houses.
The gross rental yield is between 6.1% and 7.0%.
The average value per square foot is £205.
The last sale in 2 Somerset Avenue sold for £160,000 on 13th April 2012. Since then prices are up an average of 20.7%.
The current average value in the building is £172,483.
The 2 Somerset Avenue Sales Market has increased by 20.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.5% | £172,483 |
| May 2025 | -0.2% | £173,367 |
| May 2024 | -1.6% | £173,683 |
| May 2023 | -2% | £176,531 |
| May 2022 | 7.2% | £180,183 |
| May 2021 | 7% | £168,094 |
| May 2020 | 4.2% | £157,061 |
| May 2019 | 0.7% | £150,718 |
| May 2018 | 0.1% | £149,654 |
| May 2017 | 4.3% | £149,522 |
| May 2016 | -2.1% | £143,418 |
| May 2015 | 1.9% | £146,453 |
| May 2014 | 3.9% | £143,666 |
| May 2013 | -2.7% | £138,306 |
| May 2012 | -9.6% | £142,103 |
| May 2011 | -5.3% | £157,204 |
| May 2010 | 4.5% | £165,939 |
| May 2009 | -13.8% | £158,808 |
| May 2008 | -4.7% | £184,294 |
| May 2007 | 0% | £193,395 |
The current average rental value in the building is £928.
The 2 Somerset Avenue Rental Market has increased by 39.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.8% | £928pcm |
| May 2025 | 3.8% | £902pcm |
| May 2024 | 7.4% | £869pcm |
| May 2023 | 6.1% | £810pcm |
| May 2022 | 7.7% | £763pcm |
| May 2021 | 2.7% | £708pcm |
| May 2020 | 2.6% | £690pcm |
| May 2019 | 0.1% | £672pcm |
| May 2018 | -0.3% | £672pcm |
| May 2017 | 1.2% | £674pcm |
| May 2016 | 0.8% | £666pcm |
| May 2015 | 2.2% | £660pcm |
| May 2014 | -0.6% | £646pcm |
| May 2013 | -0.7% | £650pcm |
| May 2012 | -0.3% | £654pcm |
| May 2011 | 1.8% | £656pcm |
| May 2010 | 0% | £645pcm |
| May 2009 | -4% | £645pcm |
| May 2008 | -2.5% | £672pcm |
| May 2007 | 0% | £689pcm |
The last sale was on 13th April 2012 for £160,000 and since then the market in the area has increased by 20.7%. The building has had a total of 4 sales since 1995.
2, Somerset Avenue, Blackpool, FY1 5QU has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 2, Somerset Avenue, Blackpool, FY1 5QU is Blackpool South station which is 1.6 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Somerset Avenue, Blackpool, FY1 5QU, 29.2% of property is privately owned outright and 27.7% is privately rented.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Somerset Avenue, Blackpool, FY1 5QU, 17.3% of residents are recorded as possessing school level qualifications and 26.0% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Somerset Avenue, Blackpool, FY1 5QU, the average age was 37.5 and the most common age was 32.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Somerset Avenue, Blackpool, FY1 5QU, 0.7% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Somerset Avenue, Blackpool, FY1 5QU, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.