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According to the public record, 16, Merchant Road, Ormskirk is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,148 ft2 of internal area and sits on a 118 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Merchant Road, Ormskirk is £295,732 and the estimated rental value is £1,273 per month.
Merchant Road, Ormskirk, L39 is located in the borough of West Lancashire within the L39 postal district.
16, Merchant Road, Ormskirk has 2 entries in the Land Registry , most recently in June 2014 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.
The local information is scored as 3 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 16, Merchant Road, Ormskirk is in very good condition we estimate a sale value of £310,519 and a rental value of £1,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,031 and a rental value of £1,184 per month.
Over the last 12 months the sale value of 16 Merchant Road Ormskirk has increased by an estimated £6,241 (2.1%) and its rental value has increased by an estimated £58 per month (4.6%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 16, Merchant Road, Ormskirk sits on a plot of 118m2.
We have plot size data on 12 out of 12 other houses in the postcode and 16, Merchant Road, Ormskirk sits on the 11th largest plot.
According to HM Land Registry, 16, Merchant Road, Ormskirk was last sold on 16th June 2014 for £182,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2014, the market for similar properties has risen 60.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Merchant Road, Ormskirk within a radius of 530 metres over the last 2 years.
The most recent example is 10, Merchant Road, Ormskirk, L39 4AD, a freehold house which sold for £275,000 on the 27th September 2023.
Read more about house prices in L39.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merchant Road, Ormskirk, L39 has a total of 12 addresses. According to our analysis of all the public data, 16, Merchant Road, Ormskirk is the 3rd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in L39.
The closest station to 16, Merchant Road, Ormskirk is Ormskirk station which is 600 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 16, Merchant Road, Ormskirk, % of property is and % is .
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 16, Merchant Road, Ormskirk, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 16, Merchant Road, Ormskirk, 0.0% 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 16, Merchant Road, Ormskirk, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.