House Prices in LA19 House Prices in LA19 (Millom)

The average house price in LA19 (Millom) is £0 using HM Land Registry data.

The average property price decreased by £43,443 (-16.03%) over the last 5 years and decreased by £8,705 (-2.59%) over the last 12 months.

Over the last year, there were 8 residential property sales – a decrease of 4 transactions (-50.00%) relative to the previous year. The majority of house sales (3) were in the £90,000 - £154,000 range. Then came properties in the £218,000 - £282,000 range, where 3 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,000 (-9%).

In Oct 24, there were 1 new estate agency instructions, agreed home sales and 3 property price reductions.

5-Year Average Property Prices in LA19 (Millom)

16.03%

Property prices in Millom increased by 16.03% 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 LA19 (Millom) Over the Last Year

2.59%

Property prices in Millom increased by 2.59% 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 LA19 (Millom) - Oct 24

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 LA19 (Millom)

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 LA19 (Millom)

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 LA19 (Millom)

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 LA19 (Millom) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LA19 postcode area since 1995.

Recent Sales in LA19 (Millom)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Ardmore, Chapel Lane, Bootle, Millom, Cumberland, LA19 5UE£260,000£257,000-£3,00030 May 202311 Dec 2023195 Days
Lane House, Church Lane, Bootle, Millom, Cumberland, LA19 5TD£410,000£385,000-£25,00008 Jun 202324 Nov 2023169 Days
3 Mill Street, Bootle, Millom, Cumberland, LA19 5UG£240,000£225,000-£15,00005 Apr 202326 Sep 2023174 Days
2 Town Head Cottages, Bootle, Millom, Cumberland, LA19 5TH£165,000£150,000-£15,00020 Jan 202313 Mar 202352 Days
24 Summer Hill, Bootle, Millom, Cumbria, LA19 5UB£93,000£92,000-£1,00004 Apr 201613 Oct 20222383 Days
19 Hycemoor Way, Bootle Station, Millom, Cumbria, LA19 5XE£160,000£90,000-£70,00025 Mar 202107 Mar 2022347 Days
5 Newbiggin Cottages, Waberthwaite, Millom, Cumbria, LA19 5YQ£225,000£225,000£0029 Apr 202117 Sep 2021141 Days
3 Summer Hill, Bootle, Millom, Cumbria, LA19 5UB£99,950£98,000-£1,95021 Oct 202016 Aug 2021299 Days
5 Newbiggin Cottages, Waberthwaite, Millom, Cumbria, LA19 5YQ£200,000£197,500-£2,50028 Jul 202010 Nov 2020105 Days
3 Beckside Cottages, Bootle, Millom, Cumbria, LA19 5UQ£129,950£115,000-£14,95020 Mar 202017 Jul 2020119 Days
54 Summer Hill, Bootle, Millom, Cumbria, LA19 5UB£92,500£85,000-£7,50009 Sep 201913 Mar 2020186 Days
3 Mill Street, Bootle, Millom, Cumbria, LA19 5UG£189,000£189,000£0025 Jun 201916 Sep 201983 Days
69 Summer Hill, Bootle, Millom, Cumbria, LA19 5UA£104,950£100,000-£4,95030 Apr 201804 Jul 2019430 Days

Most Expensive Streets in LA19 (Millom)

PostcodeStreetAreaAverageNo. of Sales
LA19 5TWCorneyMillom£315,0004
LA19 5TWCorneyMillom£315,0004
LA19 5YJWaberthwaiteMillom£252,5004
LA19 5YJWaberthwaiteMillom£252,5004
LA19 5UEChapel Lane, BootleMillom£194,0003
LA19 5UEChapel Lane, BootleMillom£194,0003
LA19 5YQNewbiggin Cottages, WaberthwaiteMillom£168,8064
LA19 5YQNewbiggin Cottages, WaberthwaiteMillom£168,8064
LA19 5THBootleMillom£153,3333
LA19 5THBootleMillom£153,3333

Least Expensive Streets in LA19 (Millom)

PostcodeStreetAreaAverageNo. of Sales
LA19 5UBSummer Hill, BootleMillom£92,50010
LA19 5UBSummer Hill, BootleMillom£92,50010
LA19 5XEHycemoor Way, Bootle StationMillom£100,0004
LA19 5XEHycemoor Way, Bootle StationMillom£100,0004
LA19 5UASummer Hill, BootleMillom£106,0005
LA19 5UASummer Hill, BootleMillom£106,0005
LA19 5THBootleMillom£153,3333
LA19 5THBootleMillom£153,3333
LA19 5YQNewbiggin Cottages, WaberthwaiteMillom£168,8064
LA19 5YQNewbiggin Cottages, WaberthwaiteMillom£168,8064

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