
Explore which home improvements can not only enhance your living space but also increase your property's value
12 Austins Lane is a 850 square foot terraced house with a valuation of £209,000.
Since the house was last sold in January 2013 for £122,000, its value has risen by £87,000.
Sold house prices and home valuation trends over time
House features and location
12 Austins Lane is a freehold terraced house, built in 1976-1982. A 2012 survey recorded the property as having 850 square feet of floor space and space for 3 bedrooms.
Timeline of sold house prices and cost per square foot
Since 12 Austins Lane's first recorded sale in 2013, the house's price has risen by £87,000 or 7% per year.
During the same period, the price of an average home on Austins Lane increased by £105,000 or 6% per year, and the average UK home increased by 7% per year.
Terraced house freehold, £246 per square foot
Terraced house freehold, £144 per square foot
Comparison of local and national house prices
House Prices in Austins Lane start at £154,000 for the cheapest property on the street, rising to £469,000 for the most expensive.
12 Austins Lane is worth 21% less than the £263,000 average property on Austins Lane and 30% less than the £300,000 average home in England.
Energy usage and efficiency compared to the average terraced house in England and Wales. Figures from a 2012 survey
Property valuation details and commonly asked questions
Every month, our Automated Valuation Model (AVM) determines property values.
Our AVM collects data from reputable sources, like HM Land Registry, and uses the data to estimate what each property is worth.
In our tests, we have found that the sale price of a property falls within our AVM's confidence range in most cases. However, there are scenarios where the valuations are not accurate. For example, if significant alterations have been made to a property recently or if a property is unique with few comparables.
For more details on the workings of our AVM, including its strengths, limitations, and how it measures up to traditional valuation methods, please refer to our guide 'How We Value Property'.
We try to make the valuations as accurate as possible, but they are estimates. When buying or selling property, you should speak to a qualified professional.
Sold house prices, and data on property types/tenures, are sourced from the HM Land Registry.
There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.
Other property details, such as energy efficiency, are estimates from a 2012 property survey.
We generate all our property valuations programmatically. They cannot be manually edited based on new information, such as evidence of redevelopment.
If sold property prices or property types are incorrect, you should verify them with HM Land Registry. You can notify HM Land Registry of any errors.
If any other property details are incorrect or out-of-date, they will update automatically when next surveyed.
You can verify property details related to energy efficiency.
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