Riverwood Cottage, Ormskirk
Riverwood Cottage, Ormskirk
Description & Estimates
Riverwood Cottage, Ormskirk appears in the public record as a freehold house sitting on a 494 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 1,117 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of Riverwood Cottage, Ormskirk is £348,652 and its rental estimate is £1,519 per month, given the available information and assuming reasonable condition.
Vale Lane, Lathom, Ormskirk, L40 falls within the L40 postal district, in the borough of West Lancashire.
Our Data Sources
Riverwood Cottage, Ormskirk has 2 entries in the Land Registry , most recently in September 2017 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.
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 Riverwood Cottage, Ormskirk, we estimate a market value of £366,085 and a rental value of £1,595 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £324,247 and £1,412 per month respectively.
Recent Market Change
Over the last year, Riverwood Cottage, Ormskirk has seen its estimated sale value move up by £8,045 (2.3%) and its estimated rental value increase by £41 per month (2.7%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for Riverwood Cottage, Ormskirk as measuring 494 m2.
That makes it the 24th largest plot in the postcode, where 30 of the 34 other houses have recorded plot data.
Sold Prices
The most recent sale of Riverwood Cottage, Ormskirk completed on 15th September 2017 at £235,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 32.1% over the period since September 2017.
- Sold Sep 2017£235,000
- Sold Nov 2014£180,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Riverwood Cottage, Ormskirk have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th January 2023, was 4, Oakhill Drive, Skelmersdale, WN8 6HQ, a freehold house which sold for £285,000.
Read more about house prices in L40.
- Sold Jan 2023£285,000 | 4 Bed House4, Oakhill Drive, Skelmersdale, WN8 6HQ4, Oakhill Drive, Skelmersdale, WN8 6HQ
- Sold May 2021£279,995 | 4 Bed House45, Ulverston Drive, Skelmersdale, WN8 6HL45, Ulverston Drive, Skelmersdale, WN8 6HL
- Sold Nov 2018£310,000 | 4 Bed House1 Cobbs Brow Cottages, Vale Lane, Ormskirk, L40 6JH1 Cobbs Brow Cottages, Vale Lane, Ormskirk, L40 6JH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 34 addresses on Vale Lane, Lathom, Ormskirk, L40, Riverwood Cottage, Ormskirk comes out as the 22nd largest and the 26th most expensive in our analysis of the public data.
It is also £12k more expensive than the average property across the L40 district.
More reading links
Schools Nearby
- 1.2kmCobbs Brow School
- 1.4kmCrow Orchard Primary School
- 1.6kmBrookfield Park Primary School
- 700mLathom High School : A Technology College
- 4.6kmOrmskirk School
- 5.0kmBurscough Priory Academy
More reading links
Public Transport Nearby
From Riverwood Cottage, Ormskirk, the nearest station is Parbold, 3.2 kilometres away.
- 3.2kmParbold
- 3.5kmHoscar
- 4.5kmBurscough Junction
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.
