According to the public record, 8, Victoria Street, Ormskirk is a period freehold house with 893 ft2 of internal area and sits on a 106 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Victoria Street, Burscough, Ormskirk, L40 is located in the borough of West Lancashire within the L40 postal district.
8, Victoria Street, Ormskirk has 31 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated August 2022.
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 Victoria Street Ormskirk as £178,610 and the rental value as £991 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 8 Victoria Street Ormskirk has increased by £4,095 (2.3%) and its rental value has increased by £61 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 8, Victoria Street, Ormskirk is in very good condition we estimate a sale value of £187,541 and rental value of £1,040 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,108 and a rental value of £921 per month.
If you were able to purchase this property for the estimated value of £178,610, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £878 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, Victoria Street, Ormskirk sits on a plot of 106m2.
We have plot size data on 26 out of 47 other houses in the postcode and 8, Victoria Street, Ormskirk sits on the 21st largest plot.
According to HM Land Registry, 8, Victoria Street, Ormskirk was last sold on 27 Jan 2023 for £147,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2023, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Victoria Street, Ormskirk within a radius of 740 metres over the last 2 years.
The most recent example is 16, Victoria Street, Ormskirk, L40 0SN, a Freehold house which sold for £143,000 in Dec 2021.
Read more about house prices in L40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Street, Burscough, Ormskirk, L40 has a total of 54 addresses. According to our analysis of all the public data, 8, Victoria Street, Ormskirk is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in L40.
8, Victoria Street, Ormskirk has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Aug 2022.
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, Victoria Street, Ormskirk is Burscough Bridge station which is 300 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 8, Victoria Street, Ormskirk, 37.9% of property is privately rented and 33.7% 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 8, Victoria Street, Ormskirk, 16.9% of residents are recorded as possessing school level qualifications and 36.9% 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, Victoria Street, 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 8, Victoria Street, Ormskirk, 0.5% 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, Victoria Street, Ormskirk, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.