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Burscough House Prices Burscough House Prices

The average house price in Burscough is £321,875 using HM Land Registry data.

The average property price increased by £35,610 (15.66%) over the last 5 years and increased by £7,117 (2.78%) over the last 12 months.

Over the last year, there were 126 residential property sales – a decrease of 74 transactions (-58.73%) relative to the previous year. The majority of house sales (36) were in the £192,000 - £244,000 range. Then came properties in the £140,000 - £192,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,397 (-4%).

In April 2024, there were 28 new estate agency instructions, 24 agreed home sales and 12 property price reductions.

Postcodes Covered: L40

5-Year Average Property Prices in Burscough

15.66%

Property prices in Burscough increased by 15.66% 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 Burscough Over the Last Year

2.78%

Property prices in Burscough increased by 2.78% 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 Burscough - April 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Burscough

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 Burscough

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 Burscough

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 Burscough since 1995

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

Recent Property Sales in Burscough

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Christines Crescent, Burscough, Ormskirk, Lancashire, L40 7SJ£280,000£280,000£0013 Oct 202308 Mar 2024147 Days
14 Langdale Drive, Burscough, Ormskirk, Lancashire, L40 5SF£220,000£215,000-£5,00017 Aug 202321 Dec 2023126 Days
71 Square Lane, Burscough, Ormskirk, Lancashire, L40 7RG£170,000£160,000-£10,00011 Jan 202320 Dec 2023343 Days
43 Ellerbrook Drive, Burscough, Ormskirk, Lancashire, L40 5SY£250,000£240,000-£10,00026 Aug 202320 Nov 202386 Days
10 Rowan Close, Burscough, Ormskirk, Lancashire, L40 4LP£390,000£365,000-£25,00028 Feb 202306 Oct 2023220 Days
11 Hesketh Road, Burscough, Ormskirk, Lancashire, L40 7SG£165,000£155,000-£10,00018 Apr 202302 Oct 2023167 Days
12 Orrell Lane, Burscough, Ormskirk, Lancashire, L40 0SQ£170,000£155,000-£15,00024 Apr 202329 Sep 2023158 Days
25 Martin Lane, Burscough, Ormskirk, Lancashire, L40 0RT£480,000£218,156-£261,84404 Apr 202226 Sep 2023540 Days
46 Mill Lane, Burscough, Ormskirk, Lancashire, L40 5TJ£250,000£200,000-£50,00020 Mar 202322 Sep 2023186 Days
17 Hesketh Road, Burscough, Ormskirk, Lancashire, L40 7SG£155,000£140,000-£15,00025 Apr 202319 Sep 2023147 Days
5 Abbeydale, Burscough, Ormskirk, Lancashire, L40 5SU£260,000£248,000-£12,00024 Feb 202329 Aug 2023186 Days
24 School Lane, Burscough, Ormskirk, Lancashire, L40 4AE£219,500£219,000-£50021 Feb 202318 Aug 2023178 Days
29 Junction Lane, Burscough, Ormskirk, Lancashire, L40 5SN£400,000£387,500-£12,50017 Mar 202328 Jul 2023133 Days
37 Colburne Close, Burscough, Ormskirk, Lancashire, L40 4LB£199,950£190,000-£9,95011 Jan 202328 Jul 2023198 Days
66 Delph Drive, Burscough, Ormskirk, Lancashire, L40 5BE£130,000£130,000£0015 Nov 202221 Jul 2023248 Days
5 Willow Crescent, Burscough, Ormskirk, Lancashire, L40 0SU£215,000£205,000-£10,00009 Mar 202317 Jul 2023130 Days
54 Elm Road, Burscough, Ormskirk, Lancashire, L40 7RL£235,000£227,000-£8,00010 Nov 202214 Jul 2023246 Days
17 Carvel Way, Burscough, Ormskirk, Lancashire, L40 5BF£350,000£345,000-£5,00010 Mar 202314 Jul 2023126 Days
15 Liverpool Road North, Burscough, Ormskirk, Lancashire, L40 5TN£520,000£515,000-£5,00020 Mar 202314 Jul 2023116 Days
45 Victoria Street, Burscough, Ormskirk, Lancashire, L40 0SN£200,000£195,000-£5,00021 Mar 202313 Jul 2023114 Days

Most Expensive Streets in Burscough

PostcodeStreetAreaAverageNo. of Sales
L40 4AQWarpers Moss LaneBurscough£480,7504
L40 5TNLiverpool Road NorthBurscough£430,8333
L40 5TGBriars LaneLathom£393,3336
L40 7ASChancel WayBurscough£372,40717
L40 7AYSawley GreenBurscough£365,8527
L40 7AWHornby CloseBurscough£364,13814
L40 5BGClough AvenueBurscough£363,7374
L40 7TDLiverpool Road SouthBurscough£363,5004
L40 7AUCartmel CloseBurscough£349,2458
L40 7BGMill Race CloseBurscough£343,44911

Least Expensive Streets in Burscough

PostcodeStreetAreaAverageNo. of Sales
L40 5TWThe QuaysBurscough£106,01414
L40 0SDMart LaneBurscough£125,55010
L40 5BPBramble WayBurscough£125,8754
L40 5UXAinscough MillMill Lane£154,88818
L40 7SETruscott RoadBurscough£156,2005
L40 5SXRees ParkBurscough£160,0004
L40 0SQOrrell LaneBurscough£160,1878
L40 0SNVictoria StreetBurscough£160,78910
L40 4BZLord StreetBurscough£162,1663
L40 5BEDelph DriveBurscough£163,31223

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