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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, 44, Palmers Lane, Millom is a mid-century freehold house with 785 ft2 of internal area and sits on a 226 m2 plot.
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 44, Palmers Lane, Millom is £161,747 and the estimated rental value is £908 per month.
Palmers Lane, Millom, LA18 is located within the LA18 postal district.
44, Palmers Lane, Millom has 61 entries in the Land Registry , most recently in April 2015 and a single entry in the EPC database dated May 2012.
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 44, Palmers Lane, Millom is in very good condition we estimate a sale value of £169,834 and a rental value of £954 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,424 and a rental value of £845 per month.
Over the last 12 months the sale value of 44 Palmers Lane Millom has decreased by an estimated £3,879 (2.4%) and its rental value has increased by an estimated £33 per month (3.7%), giving an expected gross yield of 6.7%.
According to data from HM Land Registry, 44, Palmers Lane, Millom sits on a plot of 226m2.
We have plot size data on 9 out of 10 other houses in the postcode and 44, Palmers Lane, Millom sits on the 4th largest plot.
44, Palmers Lane, Millom has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 44, Palmers Lane, Millom was last sold on 24th April 2015 for £133,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since April 2015, the market for similar properties has risen 65.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Palmers Lane, Millom within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 2, Mountbatten Way, Millom, LA18 5EP, a freehold house which sold for £132,000 on the 5th January 2024.
Read more about house prices in LA18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmers Lane, Millom, LA18 has a total of 35 addresses. According to our analysis of all the public data, 44, Palmers Lane, Millom is the 16th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in LA18.
The closest station to 44, Palmers Lane, Millom is Millom station which is 700 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 44, Palmers Lane, Millom, 42.9% of property is privately owned outright and 37.8% 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 44, Palmers Lane, Millom, 11.5% of residents are recorded as possessing school level qualifications and 26.6% 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 44, Palmers Lane, Millom, 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 44, Palmers Lane, Millom, 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 44, Palmers Lane, Millom, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.
