According to the public record, 20, Lancashire Road, Millom is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,029 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Lancashire Road, Millom, LA18 is located in the borough of Copeland within the LA18 postal district.
20, Lancashire Road, Millom has 21 entries in the Land Registry database, most recently in February 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 20 Lancashire Road Millom as £200,809 and the rental value as £739 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 20 Lancashire Road Millom has increased by £4,420 (2.2%) and its rental value has increased by £53 per month (7.2%).
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 20, Lancashire Road, Millom is in very good condition we estimate a sale value of £210,849 and rental value of £776 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,752 and a rental value of £687 per month.
If you were able to purchase this property for the estimated value of £200,809, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £987 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 HM Land Registry, 20, Lancashire Road, Millom was last sold on 06 Feb 2009 for £125,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2009, the market for similar properties has risen 48.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Lancashire Road, Millom within a radius of 58m over the last 2 years.
The most recent example is 43, Lancashire Road, Millom, LA18 4AW, a Freehold house which sold for £45,000 in Dec 2018.
Read more about house prices in LA18.
Lancashire Road, Millom, LA18 has a total of 38 addresses. According to our analysis of all the public data, 20, Lancashire Road, Millom is the 3rd largest and the most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in LA18.
The closest station to 20, Lancashire Road, Millom is Millom station which is 300 m 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 20, Lancashire Road, Millom, 39.6% of property is privately rented and 31.4% 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 20, Lancashire Road, Millom, 14.6% of residents are recorded as possessing school level qualifications and 20.1% 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 20, Lancashire Road, Millom, the average age was 45.7 and the most common age was 57.
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 20, Lancashire Road, Millom, 1.1% 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 20, Lancashire Road, Millom, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.