50 ORRELL LANE

£130,794

Full Address

50 ORRELL LANE
BURSCOUGH
ORMSKIRK
LANCASHIRE
UNITED KINGDOM
L40 0SQ

Estimated Market Value

£130,794

This estimated value is based upon the latest sale price for the house of £110,000 on 4 Mar 2020. 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
£110,0004 Mar 2020
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 March 2020 the House Price Index for LANCASHIRE was 123.4.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.

Applying this 18.904% change to the original purchase price of £110,000 results in an estimated price of approximately £130,794.

4 Mar 2020 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
123.4 146.7 18.904 % £110,000 £20,794 £130,794

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 228.891 % £251,780 £361,780
3 Month Average -5.944 % £-6,538 £103,461
6 Month Average 9.352 % £10,286 £120,286
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Dec 2023 Violence and sexual offences Unable to prosecute suspect On or near Sports/Recreation Area
Dec 2023 Violence and sexual offences Unable to prosecute suspect On or near Sports/Recreation Area
Mar 2024 Vehicle crime Investigation complete; no suspect identified On or near Victoria Street
Mar 2024 Anti-social behaviour On or near Victoria Street
Jan 2024 Anti-social behaviour On or near Victoria Street

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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
WEST PELTON LTD
Office 4 Bridge End Building Orrell Lane Burscough United Kingdom L40 0SQ
COADS GREEN LTD
Office 4 Bridge End Building, Orrell Lane Burscough United Kingdom L40 0SQ

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