FLAT 3, 1, GEORGE LANE, READ, BURNLEY, BB12 7SD - £135,000

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.

FLAT 3 1 GEORGE LANE is a flat, which could now be worth an estimated £155,343. It was last sold for £135,000 in July 2009, which was around 1% below the average July 2009 flat price in the Ribble Valley local authority area.

FLAT 3 1 GEORGE LANE Sold Prices

Land registry data shows one sale for FLAT 3 1 GEORGE LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Ribble Valley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 22 JUL	£135,000	£136,277	1% below HPI

What might FLAT 3 1 GEORGE LANE be worth now?

FLAT 3 1 GEORGE LANE might now be worth an estimated £155,343.

This is based on house price inflation of 15.1%, between July 2009 and May 2026, for flats, in the Ribble Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.1% inflationary increase is applied to the most recent sale price for FLAT 3 1 GEORGE LANE of £135,000 on 22nd July 2009. For the value to have increased from £135,000 to £155,343 over the seventeen years and two months to May 2026, the following assumptions must hold true:

• The value of FLAT 3 1 GEORGE LANE has moved in line with the HPI for flats in the Ribble Valley local authority area.
• The July 2009 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 3 1 GEORGE LANE has not materially changed since July 2009.

Where is FLAT 3 1 GEORGE LANE?

FLAT 3, 1 GEORGE LANE is located in READ, in the BB12 postcode district.