According to the public record, 7, Priory Close, Ormskirk is a modern leasehold house with 796 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Priory Close, Burscough, Ormskirk, L40 is located in the borough of West Lancashire within the L40 postal district.
7, Priory Close, Ormskirk has 51 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated May 2012.
We combine this information with that 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 7 Priory Close Ormskirk as £242,619 and the rental value as £1,194 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 7 Priory Close Ormskirk has increased by £5,384 (2.2%) and its rental value has increased by £73 per month (6.1%).
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 7, Priory Close, Ormskirk is in very good condition we estimate a sale value of £254,750 and rental value of £1,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,636 and a rental value of £1,110 per month.
If you were able to purchase this property for the estimated value of £242,619, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,192 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, 7, Priory Close, Ormskirk was last sold on 02 Nov 2018 for £192,000 and was recorded as a leasehold house.
The property has had 5 sales since 1995.
Since Nov 2018, the market for similar properties has risen 27.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Priory Close, Ormskirk within a radius of 980 metres over the last 2 years.
The most recent example is 2, School House Grove, Ormskirk, L40 7UZ, a Leasehold house which sold for £200,000 in Sep 2022.
Read more about house prices in L40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priory Close, Burscough, Ormskirk, L40 has a total of 16 addresses. According to our analysis of all the public data, 7, Priory Close, Ormskirk is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in L40.
7, Priory Close, Ormskirk has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 May 2012.
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 7, Priory Close, Ormskirk is Burscough Bridge station which is 800 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 7, Priory Close, Ormskirk, 45.3% of property is privately owned outright and 39.2% is privately owned with a mortgage.
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 7, Priory Close, Ormskirk, 19.4% of residents are recorded as possessing school level qualifications and 39.2% 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 7, Priory Close, 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 7, Priory Close, Ormskirk, 0.8% 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 7, Priory Close, Ormskirk, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.