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According to the public record, Wellbank Cottage, Millom is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,374 ft2 of internal area and sits on a 646 m2 plot 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 Wellbank Cottage, Millom is £276,009 and the estimated rental value is £883 per month.
Bootle, Millom, LA19 is located within the LA19 postal district.
Wellbank Cottage, Millom has a single entry in the Land Registry from July 2007 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 1 out of 5 and is considered of low 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 Wellbank Cottage, Millom is in very good condition we estimate a sale value of £289,810 and a rental value of £927 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,689 and a rental value of £821 per month.
Over the last 12 months the sale value of Wellbank Cottage Millom has decreased by an estimated £2,557 (0.9%) and its rental value has increased by an estimated £28 per month (3.2%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, Wellbank Cottage, Millom sits on a plot of 646m2.
We have plot size data on 3 out of 3 other houses in the postcode and Wellbank Cottage, Millom sits on the 3rd largest plot.
According to HM Land Registry, Wellbank Cottage, Millom was last sold on 13th July 2007 for £185,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2007, the market for similar properties has risen 30.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Wellbank Cottage, Millom within a radius of 10.8 kilometres over the last 2 years.
The most recent example is 3, Mill Street, Millom, LA19 5UG, a freehold house which sold for £225,000 on the 26th September 2023.
Read more about house prices in LA19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bootle, Millom, LA19 has a total of 97 addresses. According to our analysis of all the public data, Wellbank Cottage, Millom is the 59th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £76k more expensive than the average property in LA19.
The closest station to Wellbank Cottage, Millom is Bootle (Cumbria) station which is 900 metres away.
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 Wellbank Cottage, Millom, 55.5% of property is privately owned outright and 19.3% 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 Wellbank Cottage, Millom, 16.3% of residents are recorded as possessing school level qualifications and 33.8% 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 Wellbank Cottage, 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 Wellbank Cottage, Millom, 1.5% 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 Wellbank Cottage, Millom, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.