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According to the public record, 8, Rainbow Drive, Liverpool is a mid-century freehold house with 1,345 ft2 of internal area.
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 8, Rainbow Drive, Liverpool is £247,680 and the estimated rental value is £1,557 per month.
Rainbow Drive, Melling, Liverpool, L31 is located in the borough of Sefton within the L31 postal district.
8, Rainbow Drive, Liverpool has 2 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated December 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 8, Rainbow Drive, Liverpool is in very good condition we estimate a sale value of £260,064 and a rental value of £1,634 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,342 and a rental value of £1,448 per month.
Over the last 12 months the sale value of 8 Rainbow Drive Liverpool has increased by an estimated £7,046 (2.8%) and its rental value has increased by an estimated £46 per month (2.9%), giving an expected gross yield of 7.5%.
8, Rainbow Drive, Liverpool has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Dec 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Rainbow Drive, Liverpool was last sold on 17th August 2018 for £153,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2018, the market for similar properties has risen 53.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Rainbow Drive, Liverpool within a radius of 670 metres over the last 2 years.
The most recent example is 29, Wheeler Drive, Liverpool, L31 1DA, a freehold house which sold for £172,000 on the 23rd August 2024.
Read more about house prices in L31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainbow Drive, Melling, Liverpool, L31 has a total of 66 addresses. According to our analysis of all the public data, 8, Rainbow Drive, Liverpool is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in L31.
The closest station to 8, Rainbow Drive, Liverpool is Kirkby (Merseyside) 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 8, Rainbow Drive, Liverpool, 46.5% of property is privately owned with a mortgage and 43.4% is privately owned outright.
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 8, Rainbow Drive, Liverpool, 24.8% of residents are recorded as possessing school level qualifications and 28.3% 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 8, Rainbow Drive, Liverpool, the average age was 44 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 8, Rainbow Drive, Liverpool, 1.0% 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 8, Rainbow Drive, Liverpool, 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.