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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, 7, Junction Lane, Ormskirk is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,857 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Junction Lane, Ormskirk is £449,240 and the estimated rental value is £1,743 per month.
Junction Lane, Burscough, Ormskirk, L40 is located in the borough of West Lancashire within the L40 postal district.
7, Junction Lane, Ormskirk has 21 entries in the Land Registry , most recently in September 2009 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 7, Junction Lane, Ormskirk is in very good condition we estimate a sale value of £471,702 and a rental value of £1,830 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £417,793 and a rental value of £1,621 per month.
Over the last 12 months the sale value of 7 Junction Lane Ormskirk has increased by an estimated £4,125 (0.9%) and its rental value has increased by an estimated £36 per month (2.0%), giving an expected gross yield of 4.7%.
According to HM Land Registry, 7, Junction Lane, Ormskirk was last sold on 11th September 2009 for £357,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2009, the market for similar properties has risen 79.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Junction Lane, Ormskirk within a radius of 550 metres over the last 2 years.
The most recent example is 81, Delph Drive, Ormskirk, L40 5BD, a leasehold house which sold for £340,000 on the 24th July 2024.
Read more about house prices in L40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Junction Lane, Burscough, Ormskirk, L40 has a total of 103 addresses. According to our analysis of all the public data, 7, Junction Lane, Ormskirk is the 13th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £115k more expensive than the average property in L40.
The closest station to 7, Junction Lane, Ormskirk is Burscough Junction station which is 200 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 7, Junction Lane, Ormskirk, 42.9% of property is privately owned outright and 37.1% 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 7, Junction Lane, Ormskirk, 23.1% of residents are recorded as possessing school level qualifications and 37.0% 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 7, Junction Lane, 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 7, Junction Lane, Ormskirk, 0.9% 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 7, Junction Lane, Ormskirk, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
