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According to the public record, 41, Martin Lane, Ormskirk is a leasehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,038 ft2 of internal area 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 41, Martin Lane, Ormskirk is £391,079 and the estimated rental value is £1,437 per month.
Martin Lane, Burscough, Ormskirk, L40 is located in the borough of West Lancashire within the L40 postal district.
41, Martin Lane, Ormskirk has 21 entries in the Land Registry , most recently in March 2007 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 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 41, Martin Lane, Ormskirk is in very good condition we estimate a sale value of £410,633 and a rental value of £1,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,704 and a rental value of £1,336 per month.
Over the last 12 months the sale value of 41 Martin Lane Ormskirk has increased by an estimated £7,709 (2.0%) and its rental value has increased by an estimated £51 per month (3.6%), giving an expected gross yield of 4.4%.
According to HM Land Registry, 41, Martin Lane, Ormskirk was last sold on 9th March 2007 for £249,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since March 2007, the market for similar properties has risen 36.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Martin Lane, Ormskirk within a radius of 2.7 kilometres over the last 2 years.
The most recent example is 12, Heatons Bridge Road, Ormskirk, L40 8JG, a freehold house which sold for £165,000 on the 19th December 2024.
Read more about house prices in L40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martin Lane, Burscough, Ormskirk, L40 has a total of 38 addresses. According to our analysis of all the public data, 41, Martin Lane, Ormskirk is the 26th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in L40.
The closest station to 41, Martin Lane, Ormskirk is New Lane station which is 1.3 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 41, Martin Lane, Ormskirk, 53.4% of property is privately owned outright and 32.9% is privately owned with a mortgage.
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 41, Martin Lane, Ormskirk, 12.1% of residents are recorded as possessing school level qualifications and 33.5% 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 41, Martin Lane, Ormskirk, the average age was 47.5 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 41, Martin Lane, 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 41, Martin Lane, 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.