12 ORRELL LANE

£157,446

Full Address

12 ORRELL LANE
BURSCOUGH
ORMSKIRK
LANCASHIRE
UNITED KINGDOM
L40 0SQ

Estimated Market Value

£157,446

This estimated value is based upon the latest sale price for the house of £155,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1

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Transactions for this house
Price PaidDate
£155,00029 Sep 2023
£55,00012 May 2000
House Details
Semi-Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 September 2023 the House Price Index for LANCASHIRE was 145.7.

The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.579%.

Applying this 1.579% change to the original purchase price of £155,000 results in an estimated price of approximately £157,446.

29 Sep 2023 1 Apr 2024 % change Purchase Price Gain / Loss Estimated Price
145.7 148.0 1.579 % £155,000 £2,446 £157,446

The Postcode Pricing Model uses changes in average sales price within the L40 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 363.239 % £563,020 £718,020
3 Month Average 81.892 % £126,932 £281,932
6 Month Average 36.145 % £56,025 £211,025
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
13 Jul 2023 £196,862 £195,000 45 VICTORIA STREET
27 Jan 2023 £146,216 £147,500 8 VICTORIA STREET
24 Aug 2022 £96,349 £97,000 9A MART LANE
14 Apr 2022 £177,436 £173,000 63 ORRELL LANE
31 Mar 2022 £165,133 £160,000 47 MART LANE

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Apr 2024 Other crime Unable to prosecute suspect On or near Mart Lane
Feb 2024 Anti-social behaviour On or near Mart Lane
Feb 2024 Vehicle crime Investigation complete; no suspect identified On or near Mart Lane
Feb 2024 Anti-social behaviour On or near Mart Lane
Feb 2024 Anti-social behaviour On or near Mart Lane

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Companies Near Here
VB PARKES LTD
Office 4, Bridge End Building Orrell Lane Burscough L40 0SQ
CC BRIGGS LTD
Office 4, Bridge End Building Orrell Lane Burscough Ormskirk United Kingdom L40 0SQ
VC CAMERON LTD
Office 4, Bridge End Building Orrell Lane Burscough L40 0SQ
PB NELSON LTD
Office 4 Bridge End Building Orrell Lane Burscough Ormskirk United Kingdom L40 0SQ
WEST PELTON LTD
Office 4 Bridge End Building Orrell Lane Burscough United Kingdom L40 0SQ

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People Near Here
MR GRAEME PETER EGLINTON HAULAGE CONTRACTOR
THE STABLES 10A ORRELL LANE, L40 0SQ
Mr Lee Kemp Historic Information
Octopus House The Courtyard, Orrell Lane, L40 0SQ

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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