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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Edge Close, Ormskirk is £262,693 and the estimated rental value is £1,328 per month.
Edge Close, Burscough, Ormskirk, L40 is located in the borough of West Lancashire within the L40 postal district.
1, Edge Close, Ormskirk has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 1, Edge Close, Ormskirk is in very good condition we estimate a sale value of £275,828 and a rental value of £1,394 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,305 and a rental value of £1,235 per month.
Over the last 12 months the sale value of 1 Edge Close Ormskirk has increased by an estimated £5,178 (2.0%) and its rental value has increased by an estimated £47 per month (3.6%), giving an expected gross yield of 6.1%.
1, Edge Close, Ormskirk has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Edge Close, Ormskirk was last sold on 26th May 2023 for £260,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has risen 41.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Edge Close, Ormskirk within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 15, Lordsgate Lane, Ormskirk, L40 7UR, a freehold house which sold for £225,000 on the 11th October 2024.
Read more about house prices in L40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edge Close, Burscough, Ormskirk, L40 has a total of 7 addresses. According to our analysis of all the public data, 1, Edge Close, Ormskirk is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in L40.
The closest station to 1, Edge Close, Ormskirk is Burscough Junction station which is 1.8 kilometres 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 1, Edge Close, Ormskirk, 44.6% of property is privately owned with a mortgage and 37.2% is privately owned outright.
The graph below shows how this compares to North West 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 1, Edge Close, Ormskirk, 21.2% of residents are recorded as possessing school level qualifications and 32.6% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Edge 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 1, Edge Close, Ormskirk, 0.3% 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 1, Edge Close, Ormskirk, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
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