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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1 Red Hill Cottages is a period house with 1,453 ft2 of internal area and sits on a 762,047 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1 Red Hill Cottages is £264,862 and the estimated rental value is £1,081 per month.
Millom, LA18 is located within the LA18 postal district.
1 Red Hill Cottages has no records in the the Land Registry and a single entry in the EPC database dated May 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Red Hill Cottages is in very good condition we estimate a sale value of £278,106 and a rental value of £1,135 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,322 and a rental value of £1,005 per month.
Over the last 12 months the sale value of 1 Red Hill Cottages has decreased by an estimated £5,011 (1.9%) and its rental value has increased by an estimated £32 per month (3.0%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 1 Red Hill Cottages sits on a plot of 762047m2.
1 Red Hill Cottages has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 29 May 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Red Hill Cottages within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 24, Lowther Road, Millom, LA18 4LN, a freehold house which sold for £255,000 on the 24th November 2023.
Read more about house prices in LA18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millom, LA18 has a total of 35 addresses. According to our analysis of all the public data, 1 Red Hill Cottages is the 11th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £69k more expensive than the average property in LA18.
The closest station to 1 Red Hill Cottages is Millom station which is 1.5 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 Red Hill Cottages, 58.3% of property is privately owned outright and 21.2% is socially rented.
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 Red Hill Cottages, 10.3% of residents are recorded as possessing school level qualifications and 16.8% 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 Red Hill Cottages, 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 1 Red Hill Cottages, 0.7% 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 Red Hill Cottages, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
