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Skelmersdale House Prices Skelmersdale House Prices

The average house price in Skelmersdale is £178,000 using HM Land Registry data.

The average property price increased by £14,141 (10.11%) over the last 5 years and increased by £2,826 (1.87%) over the last 12 months.

Over the last year, there were 284 residential property sales – a decrease of 128 transactions (-45.07%) relative to the previous year. The majority of house sales (73) were in the £110,000 - £150,000 range. Then came properties in the £70,000 - £110,000 range, where 68 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,196 (-2%).

In April 2024, there were 46 new estate agency instructions, 41 agreed home sales and 35 property price reductions.

Neighbouring Areas: Orrell

Postcodes Covered: L40, WN8

5-Year Average Property Prices in Skelmersdale

10.11%

Property prices in Skelmersdale increased by 10.11% 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 Skelmersdale Over the Last Year

1.87%

Property prices in Skelmersdale increased by 1.87% 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 Skelmersdale - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Skelmersdale

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 Skelmersdale

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 Skelmersdale

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 Skelmersdale since 1995

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

Recent Property Sales in Skelmersdale

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
104 School Lane, Chapel House, Skelmersdale, Lancashire, WN8 8DU£130,000£120,000-£10,00023 Dec 202301 Mar 202469 Days
50 Ormskirk Road, Chapel House, Skelmersdale, Lancashire, WN8 8TR£105,000£100,000-£5,00011 Aug 202326 Feb 2024199 Days
61 Hawksclough, Skelmersdale, Lancashire, WN8 6PY£99,950£99,000-£95011 Sep 202323 Feb 2024165 Days
1 Teviot, Skelmersdale, Lancashire, WN8 8QF£110,000£110,000£0016 Aug 202323 Feb 2024191 Days
49 Yewdale, Skelmersdale, Lancashire, WN8 6EN£175,000£168,000-£7,00021 Jul 202323 Feb 2024217 Days
21 Lulworth, Skelmersdale, Lancashire, WN8 6TS£115,000£108,000-£7,00001 Sep 202322 Feb 2024174 Days
165 Cornbrook, Skelmersdale, Lancashire, WN8 9AG£65,000£64,000-£1,00024 Jul 202309 Feb 2024200 Days
43 Lyndhurst, Skelmersdale, Lancashire, WN8 6UH£149,950£143,000-£6,95031 Oct 202308 Feb 2024100 Days
43 Ormskirk Road, Chapel House, Skelmersdale, Lancashire, WN8 8TR£120,000£117,500-£2,50025 Aug 202302 Feb 2024161 Days
233 Windrows, Skelmersdale, Lancashire, WN8 8NP£115,000£115,000£0019 Sep 202302 Feb 2024136 Days
47 Lancaster Crescent, Skelmersdale, Lancashire, WN8 8DJ£124,000£124,000£0006 Apr 202331 Jan 2024300 Days
190 Inskip, Skelmersdale, Lancashire, WN8 6JX£120,000£110,000-£10,00021 Sep 202330 Jan 2024131 Days
22 Abbeywood, Skelmersdale, Lancashire, WN8 9LR£112,500£110,000-£2,50015 Nov 202326 Jan 202472 Days
15 Lowcroft, Skelmersdale, Lancashire, WN8 6TY£120,000£113,000-£7,00029 Sep 202316 Jan 2024109 Days
146 Mercury Way, Skelmersdale, Lancashire, WN8 6BF£210,000£210,000£0010 Jul 202308 Dec 2023151 Days
35 Tiverton Avenue, Skelmersdale, Lancashire, WN8 8PA£230,000£225,000-£5,00002 Jun 202301 Dec 2023182 Days
43 Waldron, Skelmersdale, Lancashire, WN8 8AL£125,000£122,000-£3,00018 May 202330 Nov 2023196 Days
162 Egerton, Skelmersdale, Lancashire, WN8 6AF£95,000£95,000£0021 Nov 202227 Nov 2023371 Days
63 Clayton Street, Skelmersdale, Lancashire, WN8 8HX£110,000£107,500-£2,50026 Jun 202314 Nov 2023141 Days
43 Uppingham, Skelmersdale, Lancashire, WN8 8HD£65,000£58,000-£7,00021 Dec 202214 Nov 2023328 Days

Most Expensive Streets in Skelmersdale

PostcodeStreetAreaAverageNo. of Sales
WN8 6SEElmers GreenSkelmersdale£451,6663
WN8 6RZElmers GreenSkelmersdale£366,6663
WN8 8UPFirswood RoadLathom£335,0005
WN8 6SGElmers GreenSkelmersdale£303,1005
WN8 6HNVines Cross WaySkelmersdale£280,1955
WN8 6XWKingsbury CourtSkelmersdale£275,00010
WN8 8DAHollin Hey CloseLathom£270,7729
WN8 6HSOxhill RoadSkelmersdale£269,9956
WN8 8AAMeadow Nook DriveLathom£269,08611
WN8 8ASMerdale WayLathom£269,08035

Least Expensive Streets in Skelmersdale

PostcodeStreetAreaAverageNo. of Sales
WN8 6PAFlordonSkelmersdale£57,2503
WN8 6EJEskdaleSkelmersdale£57,6663
WN8 9AGCornbrookSkelmersdale£59,5004
WN8 8NHWillow HeySkelmersdale£61,0003
WN8 8JAStafford StreetSkelmersdale£61,3333
WN8 9NAAlderleySkelmersdale£63,2504
WN8 8HLWhitburnSkelmersdale£63,8754
WN8 6TQLangtreeSkelmersdale£65,6663
WN8 9LZAlderleySkelmersdale£65,7504
WN8 6BTElswickSkelmersdale£67,8754

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