40 New Cut Lane

    40, NEW CUT LANE, SOUTHPORT, PR8 3DW

    This semi-detached leasehold property on New Cut Lane last sold in January 2017 for £179,950. Based on price growth in the PR8 district since then, its estimated current value is £240,290 — placing it in the 35th percentile nationally and the 52nd percentile within PR8. The property covers 115 m² (1,238 sq ft), giving an estimated value of £2,089 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £179,950

    Jan 2017

    Estimated Valuation

    £240,290

    Est. £/sq ft

    £194/sq ft

    £2,089/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageC
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,238 sq ft (115 m²)
    EPC dateApr 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jan 2017

    £179,950

    12 Feb 2016

    £120,000

    26 Apr 2005

    £90,000

    Key Metrics

    Estimated valuation£240,290
    Value per sq ft / m²£194/sq ft (£2,089/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PR8 district percentile52nd percentile
    National percentile35th percentile

    District Context — PR8

    PR8 covers the rural and coastal areas around Ormskirk and west Lancashire, situated between the industrial North West and the Fylde Peninsula. It is a quieter, family-oriented region with a strong agricultural heritage and leisure appeal.

    Average Property Price - PR8

    £267,704

    33

    National percentile

    Average Net Household Income - PR8

    £35,499

    34

    National percentile

    10-Year Annualised Price Growth - PR8

    3.4%

    44

    National percentile

    10-Year Annualised Rent Growth - PR

    3.5%

    25

    National percentile

    View full analysis for PR8

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