Mill Dam Lane - L40 7TQ
Key Postcode Insights
L40 7TQ is a residential postcode situated on Mill Dam Lane, Burscough, Ormskirk, L40 with 26 addresses.
It ranks as the 428th largest and 151st most expensive of the 554 postcodes in the L40 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £260,944
- 10 Year change
- up 43.6%
- Ave. Rental Price
- £1,302pcm
- 10 Year change
- up 51.2%
- Ave. £ per ft²
- £248/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
L40 7TQ is a residential postcode situated on Mill Dam Lane, Burscough, Ormskirk, L40 with 26 addresses.
It ranks as the 428th largest and 151st most expensive of the 554 postcodes in the L40 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £260,944
- 10 Year change
- up 43.6%
- Ave. Rental Price
- £1,302pcm
- 10 Year change
- up 51.2%
- Ave. £ per ft²
- £248/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin L40 7TQ
- 2 Mill Dam Lane
4 Bed Early-century House
- 4 Mill Dam Lane
Unknown
- 6 Mill Dam Lane
4 Bed Early-century House
- 8 Mill Dam Lane
4 Bed House
- 10 Mill Dam Lane
4 Bed Period House
Sales Market Trends
The last sale in L40 7TQ sold for £210,000 on 5th June 2024. Since then prices are up an average of 4.3%.
The current average value in the postcode is £260,944.
The L40 7TQ Sales Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £260,944 |
| June 2025 | 2.7% | £256,737 |
| June 2024 | 2.2% | £249,930 |
| June 2023 | 1.8% | £244,524 |
| June 2022 | 8.6% | £240,142 |
| June 2021 | 5.1% | £221,170 |
| June 2020 | 6.2% | £210,474 |
| June 2019 | 0.3% | £198,096 |
| June 2018 | 6.3% | £197,588 |
| June 2017 | 2.4% | £185,957 |
| June 2016 | 0.8% | £181,658 |
| June 2015 | 2.4% | £180,188 |
| June 2014 | 5.1% | £175,997 |
| June 2013 | -2% | £167,401 |
| June 2012 | 2.9% | £170,807 |
| June 2011 | -4.9% | £165,921 |
| June 2010 | 1.2% | £174,442 |
| June 2009 | -7% | £172,313 |
| June 2008 | 0% | £185,336 |
| June 2007 | 0% | £185,290 |
Rental Market Trends
The current average rental value in the postcode is £1,302.
The L40 7TQ Rental Market has increased by 51.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,302pcm |
| June 2025 | 7.9% | £1,262pcm |
| June 2024 | 5.5% | £1,170pcm |
| June 2023 | 10.6% | £1,108pcm |
| June 2022 | 7.1% | £1,003pcm |
| June 2021 | 7.9% | £936pcm |
| June 2020 | -0.1% | £868pcm |
| June 2019 | 0.3% | £869pcm |
| June 2018 | 1.4% | £866pcm |
| June 2017 | -0.8% | £854pcm |
| June 2016 | 4.6% | £861pcm |
| June 2015 | 0.8% | £823pcm |
| June 2014 | 0.7% | £817pcm |
| June 2013 | 0.4% | £811pcm |
| June 2012 | -0.8% | £808pcm |
| June 2011 | 1.9% | £814pcm |
| June 2010 | 1.6% | £799pcm |
| June 2009 | -3.6% | £787pcm |
| June 2008 | -1.9% | £816pcm |
| June 2007 | 0% | £833pcm |
Sales History
The last sale was on 5th June 2024 for £210,000 and since then the market in the area has increased by 4.3%. The postcode has had a total of 40 sales since 1995.
L40 7TQ has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2024£210,000 | 4 Bed House38, Mill Dam Lane, Ormskirk, L40 7TQ38, Mill Dam Lane, Ormskirk, L40 7TQ
- Sold Jun 2023£300,000 | 4 Bed House2, Mill Dam Lane, Ormskirk, L40 7TQ2, Mill Dam Lane, Ormskirk, L40 7TQ
- Sold Feb 2023£244,000 | 3 Bed House14, Mill Dam Lane, Ormskirk, L40 7TQ14, Mill Dam Lane, Ormskirk, L40 7TQ
- Sold Sep 2022£220,000 | 3 Bed House28, Mill Dam Lane, Ormskirk, L40 7TQ28, Mill Dam Lane, Ormskirk, L40 7TQ
- Sold May 2022£150,000 | 3 Bed House16, Mill Dam Lane, Ormskirk, L40 7TQ16, Mill Dam Lane, Ormskirk, L40 7TQ
Nearby Postcodes
L40 7TQ is the 428th largest and the 151st most expensive postcode out of the 554 postcodes in the L40 area.
- L40 7TG, Mill Dam Lane, Burscough, Ormskirk, L40L40 7TG46 Addresses|65 m away
- L40 7UD, Mill Dam Close, Burscough, Ormskirk, L40L40 7UD3 Addresses|122 m away
- L40 7TJ, Manor Drive, Burscough, Ormskirk, L40L40 7TJ24 Addresses|126 m away
- L40 7TH, Manor Avenue, Burscough, Ormskirk, L40L40 7TH31 Addresses|132 m away
- L40 7TA, Liverpool Road South, Burscough, Ormskirk, L40L40 7TA37 Addresses|169 m away
Property Types
- 2 period houses built between 1800 and 1911
- 7 mid-century houses built between 1936 and 1979
- 3 houses of an unknown age
- 5 early-century houses built between 1912 and 1935
- 9 other addresses of unknown type
- period house (2)
- mid-century house (7)
- house (3)
- early-century house (5)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (2)
- G (0)
- D (9)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold May 2021£334,500 | 4 Bed House10, Mill Dam Lane, Ormskirk, L40 7TQ10, Mill Dam Lane, Ormskirk, L40 7TQ
- Sold Jun 2023£300,000 | 4 Bed House2, Mill Dam Lane, Ormskirk, L40 7TQ2, Mill Dam Lane, Ormskirk, L40 7TQ
- Sold May 2013£285,000 | 4 Bed House44, Mill Dam Lane, Ormskirk, L40 7TQ44, Mill Dam Lane, Ormskirk, L40 7TQ
Schools Nearby
- St John's Catholic Primary School, Burscough800 m away
- Burscough Lordsgate Township Church of England Primary School1.1 km away
- Burscough Bridge Methodist School1.8 km away
- Burscough Priory Academy1.5 km away
- Ormskirk School2.6 km away
- St Bede's Catholic High School3.9 km away
More reading links
Public Transport Nearby
The closest station to L40 7TQ is Burscough Junction station, which is 1.4 kilometres away.
- Burscough Junction|1.4 km away
- Burscough Bridge|2.0 km away
- New Lane|2.7 km away
- Ormskirk|2.8 km away
