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House Prices in LA18 House Prices in LA18 (Millom)

The average house price in LA18 (Millom) is £183,075 using HM Land Registry data.

The average property price decreased by £6,661 (-10.26%) over the last 5 years and decreased by £1,335 (-1.73%) over the last 12 months.

Over the last year, there were 98 residential property sales – a decrease of 17 transactions (-17.35%) relative to the previous year. The majority of house sales (28) were in the £92,000 - £134,000 range. Then came properties in the £50,000 - £92,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 180 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,746 (-5%).

In February 2025, there were 18 new estate agency instructions, 14 agreed home sales and 11 property price reductions.

Nearby Postcodes: CA18, CA19, CA20, LA12, LA17, LA19, LA20, LA21, LA22

5-Year Average Property Prices in LA18 (Millom)

10.26%

Property prices in LA18 (Millom) increased by 10.26% 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 LA18 (Millom) Over the Last Year

1.73%

Property prices in LA18 (Millom) increased by 1.73% 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 LA18 (Millom) - February 2025

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 LA18 (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 LA18 (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 LA18 (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 LA18 (Millom) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LA18 postcode area since 1995.

Recent Sales in LA18 (Millom)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Mill Park, The Green, Millom, Cumberland, LA18 5HW£159,950£140,000-£19,95030 Aug 202423 Jan 2025146 Days
149 Albert Street, Millom, Cumberland, LA18 4AB£94,950£90,000-£4,95024 Sep 202412 Dec 202479 Days
16 Mainsgate Road, Millom, Cumberland, LA18 4JZ£225,000£215,000-£10,00005 Feb 202406 Dec 2024305 Days
31 Settle Street, Millom, Cumberland, LA18 5AR£125,000£113,000-£12,00019 Jun 202405 Dec 2024169 Days
3 Atkinson Street, Haverigg, Millom, Cumberland, LA18 4HA£150,000£140,000-£10,00001 Oct 202405 Dec 202465 Days
25 Bank Head, Haverigg, Millom, Cumberland, LA18 4LZ£225,000£215,000-£10,00022 Mar 202405 Dec 2024258 Days
18 Grammerscroft, Millom, Cumberland, LA18 5EJ£110,000£110,000£017 May 202403 Dec 2024200 Days
2 Derwentwater Close, Millom, Cumberland, LA18 4PF£245,000£245,000£014 Oct 202425 Nov 202442 Days
115 Albert Street, Millom, Cumberland, LA18 4AD£125,000£120,000-£5,00012 Jul 202422 Nov 2024133 Days
3 Windsor Street, Millom, Cumberland, LA18 4DU£69,950£65,000-£4,95020 Aug 202422 Nov 202494 Days
10 Lancashire Road, Millom, Cumberland, LA18 4AW£145,000£142,500-£2,50018 Jun 202422 Nov 2024157 Days
18 Main Street, Haverigg, Millom, Cumberland, LA18 4EX£149,000£134,000-£15,00013 May 202401 Nov 2024172 Days
35 Lonsdale Road, Millom, Cumberland, LA18 4AP£105,000£105,000£022 Apr 202401 Nov 2024193 Days
2 Sea View, Millom, Cumberland, LA18 5BU£125,000£120,000-£5,00018 May 202428 Oct 2024163 Days
6 Windsor Street, Millom, Cumberland, LA18 4DU£49,500£49,500£009 Aug 202425 Oct 202477 Days
36 Town Head, Haverigg, Millom, Cumberland, LA18 4HF£215,000£215,000£028 Mar 202418 Oct 2024204 Days
94 Main Street, Haverigg, Millom, Cumberland, LA18 4EY£159,950£159,950£003 Aug 202416 Oct 202474 Days
11 Kingsland Road, Millom, Cumberland, LA18 5BP£139,995£120,000-£19,99505 Apr 202412 Sep 2024160 Days
14 Oxford Street, Millom, Cumberland, LA18 4LJ£77,000£77,000£018 Jun 202406 Sep 202480 Days
9 Oxford Street, Millom, Cumberland, LA18 4LJ£49,999£49,999£028 May 202429 Aug 202493 Days

Most Expensive Streets in LA18 (Millom)

PostcodeStreetAreaAverageNo. of Sales
LA18 5HLThe GreenMillom£530,0003
LA18 5HEThe HillMillom£378,3333
LA18 4NRCommerce Terrace, SilecroftMillom£322,5004
LA18 5LEHodgson GardensMillom£304,9833
LA18 4NUMain Street, SilecroftMillom£282,3333
LA18 4HURichmond Gardens, HaveriggMillom£279,9833
LA18 4LNLowther RoadMillom£255,0003
LA18 4FHEstuary CloseMillom£246,8333
LA18 5HNRace Grove, The GreenMillom£239,3333
LA18 4PSGlencoe CloseMillom£237,6663

Least Expensive Streets in LA18 (Millom)

PostcodeStreetAreaAverageNo. of Sales
LA18 4DQWellington StreetMillom£39,6663
LA18 4BGQueen StreetMillom£44,7774
LA18 4BLLord StreetMillom£52,5717
LA18 4DWNelson StreetMillom£52,6663
LA18 4BNLord StreetMillom£59,9005
LA18 4DRNewton StreetMillom£62,80010
LA18 4ABAlbert StreetMillom£65,6878
LA18 4LHSurrey StreetMillom£65,7509
LA18 4DTNewton StreetMillom£66,4166
LA18 4DGWellington StreetMillom£67,0004

Explore LA18 (Millom) using map

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