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House Prices in L40 House Prices in L40 (Ormskirk)

The average house price in L40 (Ormskirk) is £231,038 using HM Land Registry data.

The average property price increased by £41,486 (25.66%) over the last 5 years and increased by £8,312 (3.88%) over the last 12 months.

Over the last year, there were 209 residential property sales – a decrease of 112 transactions (-53.59%) relative to the previous year. The majority of house sales (55) were in the £150,000 - £222,000 range. Then came properties in the £222,000 - £294,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 125 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,599 (-3%).

In December 2024, there were 46 new estate agency instructions, 24 agreed home sales and 9 property price reductions.

Nearby Postcodes: BL6, FY3, FY4, FY6, FY8, L31, L33, L37, L39, PR1, PR2, PR25, PR26, PR3, PR4, PR5, PR6, PR7, PR8, PR9, WA11, WN1, WN3, WN5, WN6, WN8

5-Year Average Property Prices in L40 (Ormskirk)

25.66%

Property prices in L40 (Ormskirk) increased by 25.66% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in L40 (Ormskirk) Over the Last Year

3.88%

Property prices in L40 (Ormskirk) increased by 3.88% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for L40 (Ormskirk) - December 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in L40 (Ormskirk)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in L40 (Ormskirk)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in L40 (Ormskirk)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the L40 (Ormskirk) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the L40 postcode area since 1995.

Recent Sales in L40 (Ormskirk)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
52 Delph Drive, Burscough, Ormskirk, Lancashire, L40 5BE£139,950£137,000-£2,95018 Mar 202427 Nov 2024254 Days
5 Drummersdale Lane, Scarisbrick, Ormskirk, Lancashire, L40 9QY£370,000£370,000£021 Jun 202405 Nov 2024137 Days
Hilldale, Ring O Bells Lane, Lathom, Ormskirk, Lancashire, L40 5TE£275,000£255,000-£20,00003 May 202401 Nov 2024182 Days
131 Rivington Drive, Burscough, Ormskirk, Lancashire, L40 7RW£240,000£240,000£020 Jun 202425 Oct 2024127 Days
1 Bullens Lane, Scarisbrick, Ormskirk, Lancashire, L40 9RR£320,000£314,000-£6,00026 Jun 202425 Oct 2024121 Days
24 Richmond Avenue, Burscough, Ormskirk, Lancashire, L40 7RD£200,000£195,000-£5,00004 Jun 202417 Oct 2024135 Days
24a, Moorfield Lane, Scarisbrick, Ormskirk, Lancashire, L40 8JD£650,000£650,000£006 Jun 202416 Oct 2024132 Days
10 Meadow Close, Westhead, Ormskirk, Lancashire, L40 6JS£299,950£285,000-£14,95023 Oct 202309 Aug 2024291 Days
36 School Lane, Burscough, Ormskirk, Lancashire, L40 4AE£260,000£255,000-£5,00003 Apr 202402 Aug 2024121 Days
81 Delph Drive, Burscough, Ormskirk, Lancashire, L40 5BD£350,000£340,000-£10,00026 Feb 202424 Jul 2024149 Days
24 Elm Road, Burscough, Ormskirk, Lancashire, L40 7RL£215,000£215,000£022 Jan 202405 Jul 2024165 Days
38 Brookfield, Mawdesley, Ormskirk, Lancashire, L40 2QJ£315,000£315,000£024 Feb 202405 Jul 2024132 Days
6 Lathom Close, Burscough, Ormskirk, Lancashire, L40 5XW£165,000£160,000-£5,00018 Mar 202428 Jun 2024102 Days
31 Ellerbrook Drive, Burscough, Ormskirk, Lancashire, L40 5SY£220,000£220,000£015 Apr 202420 Jun 202466 Days
58 Delph Drive, Burscough, Ormskirk, Lancashire, L40 5BE£125,000£125,000£021 Feb 202407 Jun 2024107 Days
38 Drummersdale Lane, Scarisbrick, Ormskirk, Lancashire, L40 9RB£280,000£280,000£020 Feb 202405 Jun 2024106 Days
16 Ashtrees, Mawdesley, Ormskirk, Lancashire, L40 2RN£280,000£277,500-£2,50023 Feb 202403 Jun 2024101 Days
30 Lordsgate Lane, Burscough, Ormskirk, Lancashire, L40 7ST£215,000£213,000-£2,00006 Feb 202429 May 2024113 Days
21 Warpers Moss Close, Burscough, Ormskirk, Lancashire, L40 4LQ£180,000£170,000-£10,00031 Jan 202424 May 2024114 Days
32 Chapel Lane, Burscough, Ormskirk, Lancashire, L40 7RA£375,000£375,000£030 Oct 202324 May 2024207 Days

Most Expensive Streets in L40 (Ormskirk)

PostcodeStreetAreaAverageNo. of Sales
L40 6HARuff Lane, WestheadOrmskirk£1,092,5004
L40 1XBSpringwood Drive, RuffordOrmskirk£911,6663
L40 3TDHigh Street, MawdesleyOrmskirk£790,0005
L40 6HQVicarage Lane, WestheadOrmskirk£676,6663
L40 3TFGorsey Lane, MawdesleyOrmskirk£604,1663
L40 3TWAndertons Mill, MawdesleyOrmskirk£558,3333
L40 8JLAsmall Lane, ScarisbrickOrmskirk£530,0003
L40 2QUDark Lane, MawdesleyOrmskirk£504,2663
L40 1ULThe Paddock, RuffordOrmskirk£495,0006
L40 3SQMaltkiln Lane, BisphamOrmskirk£492,6663

Least Expensive Streets in L40 (Ormskirk)

PostcodeStreetAreaAverageNo. of Sales
L40 1UNHesketh Green, RuffordOrmskirk£81,0279
L40 5TWThe Quays, BurscoughOrmskirk£104,95015
L40 4LAStanley Court, Lord Street, BurscoughOrmskirk£116,3333
L40 9PZLady Anne Close, ScarisbrickOrmskirk£124,3724
L40 0SDMart Lane, BurscoughOrmskirk£133,8128
L40 7SFTruscott Road, BurscoughOrmskirk£154,5003
L40 7SETruscott Road, BurscoughOrmskirk£156,2005
L40 7SAFurnival Drive, BurscoughOrmskirk£157,0003
L40 0SNVictoria Street, BurscoughOrmskirk£157,08111
L40 6JDCrosshall Brow, WestheadOrmskirk£159,2005

Explore L40 (Ormskirk) using map

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