Summerhill, Millom has a single entry in the Land Registry database from June 2021 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.
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 Summerhill, Millom is in very good condition we estimate a sale value of £429,689 and rental value of £1,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,582 and a rental value of £1,145 per month.
According to HM Land Registry, Summerhill, Millom was last sold on 30 Jun 2021 for £700,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Summerhill, Millom within a radius of 3.6km over the last 2 years.
The most recent example is Newstead House, Millom, LA18 4NX, a Freehold house which sold for £300,000 in Feb 2020.
Read more about house prices in LA18.
Silecroft, Millom, LA18 has a total of 69 addresses. According to our analysis of all the public data, Summerhill, Millom is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £218k more expensive than the average property in LA18.
According to the public record, Summerhill, Millom is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,833 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Silecroft, Millom, LA18 is located in the borough of Copeland within the LA18 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Summerhill Millom as £409,228 and the rental value as £1,231 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of Summerhill Millom has decreased by £6,406 (1.6%) and its rental value has increased by £36 per month (2.9%).
The closest station to Summerhill, Millom is Silecroft station which is 1.2 km away.