53, CHAPEL VIEW, OVERTON, MORECAMBE, LA3 3EP - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

53 CHAPEL VIEW is a detached house, which could now be worth an estimated £241,412. It was last sold for £225,000 in May 2022, which was around 27% below the average May 2022 detached price in the Lancaster local authority area.

53 CHAPEL VIEW Sold Prices

Land registry data shows three sales for 53 CHAPEL VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 53 CHAPEL VIEW sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 24 MAY	£225,000	£310,171	27% below HPI
2017 26 MAY	£152,000	£242,685	37% below HPI
1998 11 FEB	£52,500	£78,308	33% below HPI

What might 53 CHAPEL VIEW be worth now?

53 CHAPEL VIEW might now be worth an estimated £241,412.

This is based on house price inflation of 7.3%, between May 2022 and May 2026, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.3% inflationary increase is applied to the most recent sale price for 53 CHAPEL VIEW of £225,000 on 24th May 2022. For the value to have increased from £225,000 to £241,412 over the four years to May 2026, the following assumptions must hold true:

• The value of 53 CHAPEL VIEW has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The May 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 53 CHAPEL VIEW has not materially changed since May 2022.

Where is 53 CHAPEL VIEW?

53 CHAPEL VIEW is located in OVERTON, in the LA3 postcode district.