Average Price for property in Palmers Lane, Millom, LA18 is around £114,561 which varies based on type of property you are interested in and ranges from £208,433 for detached house to around £101,218 for semi-detached. Similarly terraced house is around £90,262. Values have been changing and have risen £222 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £546 in last 6 months, £5,243 in last 1 year, £8,355 in last 2 years, £9,003 in last 3 years, £8,327 in last 4 years and £3,786 in last 5 years.
Currently average asking price of a property in Palmers Lane, Millom, LA18 is around £142,548 based on approximately 1 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £398 per month.
Estimated property value in Palmers Lane, Millom, LA18 is £114,561. Average asking price is £142,548 while average price paid is £91,500 which is up by £5,243 and Avg. asking rent £398.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 Palmers Lane, Millom, LA18 area. In last 1 year alone average price buyer paid is around £91,500 based on approximately 1 sales in Palmers Lane, Millom, LA18 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £80,500. 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 £106,400 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £103,833 per sale.