According to the public record, 18, Red Cat Lane, Ormskirk is a modern house with 914 ft2 of internal area and sits on a 328 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Red Cat Lane, Burscough, Ormskirk, L40 is located in the borough of West Lancashire within the L40 postal district.
18, Red Cat Lane, Ormskirk has no records in the Land Registry database and a single entry in the EPC database dated September 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 18 Red Cat Lane Ormskirk as £265,340 and the rental value as £1,272 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 18 Red Cat Lane Ormskirk has increased by £6,083 (2.3%) and its rental value has increased by £79 per month (6.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 18, Red Cat Lane, Ormskirk is in very good condition we estimate a sale value of £278,607 and rental value of £1,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,766 and a rental value of £1,183 per month.
If you were able to purchase this property for the estimated value of £265,340, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,304 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 18, Red Cat Lane, Ormskirk sits on a plot of 328m2.
We have plot size data on 7 out of 24 other houses in the postcode and 18, Red Cat Lane, Ormskirk sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Red Cat Lane, Ormskirk within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 5, Willow Crescent, Ormskirk, L40 0SU, a Leasehold house which sold for £205,000 in Jul 2023.
Read more about house prices in L40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Red Cat Lane, Burscough, Ormskirk, L40 has a total of 86 addresses. According to our analysis of all the public data, 18, Red Cat Lane, Ormskirk is the 50th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in L40.
18, Red Cat Lane, Ormskirk has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 18, Red Cat Lane, Ormskirk is Burscough Bridge station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Red Cat Lane, Ormskirk, 34.7% of property is privately rented and 28.7% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 18, Red Cat Lane, Ormskirk, 14.4% of residents are recorded as possessing school level qualifications and 28.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 18, Red Cat Lane, Ormskirk, the average age was 43 and the most common age was 52.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 18, Red Cat Lane, Ormskirk, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 18, Red Cat Lane, Ormskirk, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.