Ormskirk

Area Guide For Ormskirk

Ormskirk is a business town in West Lancashire. It sits 13miles north of Liverpool city centre, 11miles North West of St Helens. The Name ‘Ormskirk’ come from Old Norse in Origin and is derived from Ormres Kirkia. Ormskirk is a town of business and market since 1286 and today it take place every Thursday and Saturday in town centre, with over 100 stalls, the market targets the bargain hunters each market day. If you were looking for anything specific, 90% you will find the item or the Item was brought before you name a price.

 
 

Ormskirk Map

Estimated Price: £243,978
Average Asking Price: £356,272
Price change in last one year: £17,801
Average Price Paid: £217,160
Average Rent Rates: £1,172

 
 

Property Prices Breakdown in Ormskirk

Average Price for property in Ormskirk is around £243,978 which varies based on type of property you are interested in and ranges from £365,187 for detached house to around £190,794 for semi-detached. Similarly terraced house is around £162,184 and a flat is worth £153,289. Values have been changing and have risen £3,027 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,585 in last 6 months, £17,801 in last 1 year, £26,610 in last 2 years, £27,304 in last 3 years, £19,049 in last 4 years and £16,055 in last 5 years.

Currently average asking price of a property in Ormskirk is around £356,272 based on approximately 579 properties for sale. Same is the case with rental options based on 89 properties up for rent, average asking rent is around £1,172 per month.

Estimated property value in Ormskirk is £243,978. Average asking price is £356,272 while average price paid is £212,206 which is up by £17,801 and Avg. asking rent £1,172.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Ormskirk area. In last 1 year alone average price buyer paid is around £212,206 based on approximately 579 sales in Ormskirk area alone. If you compare it to last 3 years sales of 1,590 properties where buyers paid around £214,853. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £217,160 for 2,467 and average amount paid for purchase of approx. 3,220 properties sold in last 7 years comes to about £216,656 per sale.

 
 

Properties For Sale in Ormskirk

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £103,125, £177,373 for a 2 bedroom house, £238,251 for a 3 bedroom house, £420,681 for a 4 bedroom house and £656,830 for a 5 bedroom house. For a flat similarly the prices varies from £142,833 for a single bedroom to £159,426 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £315,000 and £219,975 for a 4 bedroom flat. To sum up the asking prices for properties in Ormskirk it comes to around average £126,950 for 1 bedroom property, £172,023 for 2 bedroom, £238,930 for 3 bedroom, £417,854 for 4 bedroom and £656,830 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £390 for 1 bedroom to £655 for 2 bedrooms, £721 for 3 bedrooms, £1,013 for 4 bedrooms and £1,558 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £542. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £679, £899 for 3 bedroom and £1,885 for 4 bedroom. You should be generally be expecting around average £523 rent per month for single bedroom property, £671 for 2 bedroom, £748 for 3 bedroom, £1,449 for 4 bedroom and approximately £1,558 for a 5 bedroom property in Ormskirk area.

Popular Houses in Ormskirk

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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