AIfor.property

AI Property Valuation for LA18 — MILLOM

AI Estimate

£125,650

Range: £115,598 – £135,702 (±8%)

High confidence

445 sales (12mo)

+7.6% (1yr)

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Average Prices by Property Type

🏠

Detached

£281,262

57 sold (12mo)

🏘️

Semi-Detached

£162,065

87 sold (12mo)

🏡

Terraced

£98,784

261 sold (12mo)

🏢

Flat

£57,467

15 sold (12mo)

Price History — LA18

£134k 2023 £136k 2024 £147k 2025

Price Forecast

Current

£125,650

1-Year

£145,280

+4.8%

3-Year

£159,457

+15%

Based on historical trend projection, capped at ±15% per year. This is not financial advice.

Rental Yield

Est. Monthly Rent

£519

Gross Yield

4.49%

Net Yield (est.)

3.59%

Region Average

2.49%

Annual rental income estimate: £6,228. Net yield deducts ~20% for management, voids, maintenance and insurance. Regional averages based on ONS Private Rental Market Statistics.

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Investment Score

6.1

Overall Score

Out of 10 — weighted composite

Growth 7/10 (30%)
Yield 4.2/10 (25%)
Safety 9.6/10 (20%)
Schools 2.9/10 (15%)
Connectivity 5.8/10 (10%)

Area Intelligence

🛡️

Crime Rate

Below avg

7.3/1000 (-91% vs national)

🎓

Schools

2 Good+

7 total, 0 Outstanding

EPC Rating

Avg C

Score: 65/100

📶

Broadband

58 Mbps

Average download speed

🏛️

Council Tax

£2,175

Band D — Cumberland

🔑

Tenure

61% Owner

22% private rent

Frequently Asked Questions

What is the average house price in LA18?

The AI-estimated average house price in LA18 (MILLOM) is £125,650, based on 445 transactions in the last 12 months. This estimate has high confidence (±8%).

What is the rental yield in LA18?

The estimated gross rental yield in LA18 is 4.49%, based on an average monthly rent of £519 and average property price of £138,672. The estimated net yield after costs is 3.59%.

Is LA18 a good area to invest in?

LA18 has an overall investment score of 6.1/10. This considers price growth (7/10), rental yield (4.2/10), safety (9.6/10), schools (2.9/10), and connectivity (5.8/10).

What are property prices by type in LA18?

Average prices in LA18 by property type: detached (£281,262), semi-detached (£162,065), terraced (£98,784), flats (£57,467). These are based on Land Registry transaction data from the last 12 months.

How accurate are AI property estimates for LA18?

Our AI estimates for LA18 are based on Land Registry transaction data, local market trends, and area characteristics. With 445 recent sales, the estimate has high confidence. For a precise valuation, we recommend getting a professional survey.

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Disclaimer: AI estimates are based on Land Registry transaction data and statistical modelling. They are not professional valuations. Rental yield estimates use ONS regional rental data and may differ from actual local rents. Past performance does not predict future house prices. For a precise valuation, consult a qualified surveyor.