Newstead House, Millom
Newstead House, Millom
Description & Estimates
Newstead House, Millom is recorded publicly as a period freehold house across 2,497 ft2 of internal area, sitting on a 302 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Newstead House, Millom is £373,330 and its rental estimate is £1,295 per month, given the available information and assuming reasonable condition.
Silecroft, Millom, LA18 falls within the LA18 postal district.
Our Data Sources
Newstead House, Millom has a single entry in the Land Registry from February 2020 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Newstead House, Millom, we estimate a market value of £391,996 and a rental value of £1,359 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £347,197 and £1,204 per month respectively.
Recent Market Change
Over the last year, Newstead House, Millom has seen its estimated sale value decrease by £5,350 (1.4%) and its estimated rental value grow by £41 per month (3.1%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for Newstead House, Millom as measuring 302 m2.
That makes it the 13th largest plot in the postcode, where 14 of the 19 other houses have recorded plot data.
Energy Efficiency
Newstead House, Millom has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Newstead House, Millom completed on 17th February 2020 at £300,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 4.2% over the period since February 2020.
- Sold Feb 2020£300,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Newstead House, Millom have sold within a radius of 4.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th July 2019, was Kellbank Cottage, Millom, LA18 5LS, a freehold house which sold for £250,000.
Read more about house prices in LA18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 71 addresses on Silecroft, Millom, LA18, Newstead House, Millom comes out as the 11th largest and the 23rd most expensive in our analysis of the public data.
It is also £173k more expensive than the average property across the LA18 district.
More reading links
Schools Nearby
- 4.3kmHaverigg Primary School
- 4.6kmBlack Combe Junior School
- 5.3kmMillom Infant School
- 5.1kmMillom School
- 12.5kmDowdales School
- 13.8kmSt Bernards Catholic High School, Barrow
More reading links
Public Transport Nearby
From Newstead House, Millom, the nearest station is Silecroft, 1.1 kilometres away.
- 1.1kmSilecroft
- 5.0kmMillom
- 7.2kmGreen Road
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
