According to the public record, 8, Lancashire Road, Millom is a modern freehold house and with 559 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Lancashire Road, Millom, LA18 is located in the borough of Copeland within the LA18 postal district.
8, Lancashire Road, Millom has 41 entries in the Land Registry database, most recently in September 2013 and no records in the EPC database.
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 8 Lancashire Road Millom as £147,038 and the rental value as £609 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 8 Lancashire Road Millom has increased by £3,237 (2.2%) and its rental value has increased by £44 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 8, Lancashire Road, Millom is in very good condition we estimate a sale value of £154,390 and rental value of £640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,745 and a rental value of £567 per month.
If you were able to purchase this property for the estimated value of £147,038, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £723 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, 8, Lancashire Road, Millom sits on a plot of 213m2.
We have plot size data on 11 out of 22 other houses in the postcode and 8, Lancashire Road, Millom sits on the 5th largest plot.
According to HM Land Registry, 8, Lancashire Road, Millom was last sold on 06 Sep 2013 for £135,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Sep 2013, the market for similar properties has risen 42.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lancashire Road, Millom within a radius of 30m over the last 2 years.
The most recent example is 6, Lancashire Road, Millom, LA18 4AW, a Freehold house which sold for £135,000 in Nov 2023.
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, 8, Lancashire Road, Millom is the 27th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in LA18.
8, Lancashire Road, Millom has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 2013.
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 8, 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 8, 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 8, 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 8, 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 8, 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 8, 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.