Housing Market Analysis for MILLGATE TERRACE, OL12 8NZ

Are you looking to understand OL12 8NZ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Rossendale postcode.

For the location information and nearby amenities in the OL12 8NZ area, explore the OL12 8NZ Area information page.
For comprehensive crime statistics in the OL12 8NZ area, explore the OL12 8NZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OL12 8NZ postcode area, The average prices are as follows,

  • Flat
    • The average price is around £32,400 median price is £30,000 Standard Deviation is £12,415 with Total Sold: 5
    • The most recent sale happened at this postcode is 1 MILLGATE TERRACE: £45,000 (Sold on 26 Oct 2010)
    • The first recorded sale happened at this postcode is 1 MILLGATE TERRACE: £18,500 (Sold on 19 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average OL12 8NZ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£45,000 £1,004 1
2004£48,500 £1,082 1
2003£30,000 £669 1
2002£20,000 £446 1
1997£18,500 £413 1

All the Sales in the MILLGATE TERRACE, OL12 8NZ

See the table below for more details on the sold house prices in the OL12 8NZ, Rossendale postcode.

AddressSold DatePrice% Change
1 MILLGATE TERRACEFlat, LeaseholdArea: 44.83 Sq.mtrAge: 1967-197526 Oct 2010£45,000-7.22%
27 Aug 2004£48,50061.67%
17 Oct 2003£30,00050.00%
12 Jul 2002£20,0008.11%
19 Dec 1997£18,500First Sale

Check out the sold house prices near the OL12 8NZ postcode. Properties currently for saleProperties currently for rent

MILLGATE TERRACE, OL12 8NZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OL12 8NZ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the OL12 8NZ postcode.

  • Terraced
    • The average price is around £77,598 median price is £73,500 Standard Deviation is £44,280 with Total Sold: 281
    • The Last 5 Year average price is £128,839 with Total Sold: 45
    • The most recent sale happened at this postcode is , 253 MARKET STREET: £298,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 181 MARKET STREET: £36,950 (Sold on 30 Jun 1995)
  • Semi-Detached
    • The average price is around £111,155 median price is £110,000 Standard Deviation is £52,630 with Total Sold: 88
    • The Last 5 Year average price is £162,021 with Total Sold: 21
    • The most recent sale happened at this postcode is , 9 GARTH EDGE: £290,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 40 KNOWSLEY CRESCENT: £45,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £130,549 median price is £116,000 Standard Deviation is £76,106 with Total Sold: 100
    • The Last 5 Year average price is £262,893 with Total Sold: 14
    • The most recent sale happened at this postcode is , 24 OAK STREET: £275,000 (Sold on 31 Aug 2023)
    • The first recorded sale happened at this postcode is , 29 OAK STREET: £82,000 (Sold on 25 Jan 1995)
  • Flat
    • The average price is around £63,696 median price is £52,000 Standard Deviation is £43,053 with Total Sold: 19
    • The Last 5 Year average price is £125,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 84 MARKET STREET: £95,000 (Sold on 06 Jun 2022)
    • The first recorded sale happened at this postcode is , 1 JANE STREET: £21,950 (Sold on 28 Jun 1996)
  • Other
    • The average price is around £51,667 median price is £40,000 Standard Deviation is £23,921 with Total Sold: 3
    • The Last 5 Year average price is £85,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 352 MARKET STREET: £85,000 (Sold on 13 Aug 2021)
    • The first recorded sale happened at this postcode is , BARLEY VIEW MARKET STREET: £30,000 (Sold on 31 May 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£207,467 £1,168 3
2023£148,833 £1,634 3
2022£131,314 £1,496 14
2021£126,905 £1,361 16
2020£95,550 £1,074 9
2019£104,400 £966 10
2018£118,194 £1,213 10
2017£168,333 £1,080 3
2016£74,400 £824 10
2015£73,010 £838 8
2014£71,038 £784 13
2013£74,200 £679 5
2012£88,750 £1,161 2
2011£73,125 £861 6
2010£75,333 £919 3
2009£82,250 £726 6
2008£100,000 £1,137 9
2007£96,162 £1,169 12
2006£82,130 £1,079 15
2005£75,638 £1,061 8
2004£77,067 £849 15
2003£66,131 £755 29
2002£36,496 £455 20
2001£31,127 £375 9
2000£31,958 £310 12
1999£31,338 £359 4
1998£25,262 £396 8
1997£34,567 £434 6
1996£31,914 £451 7
1995£33,550 £356 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£290,0001
2023£186,667 £2,155 3
2022£176,650 £2,936 3
2021£154,700 £1,501 5
2020£138,778 £1,368 9
2019£108,333 £1,523 3
2018£125,625 £2,025 4
2017£123,000 £799 1
2016£127,400 £1,207 5
2015£102,000 £1,238 1
2014£63,750 £1,331 4
2011£107,333 £1,117 2
2010£67,000 £761 1
2008£125,000 £1,894 1
2007£129,862 £1,432 4
2006£129,500 £1,189 3
2005£127,238 £1,220 4
2004£107,135 £1,539 7
2003£104,429 £1,552 7
2002£88,090 £1,256 5
2001£53,075 £620 6
2000£35,000 £400 1
1999£37,500 £684 2
1998£29,6501
1995£46,330 £828 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£276,700 £3,103 5
2022£295,000 £3,270 3
2021£259,333 £2,278 3
2020£211,333 £2,142 3
2019£175,833 £2,124 3
2018£135,000 £1,646 1
2017£171,000 £1,787 3
2016£142,500 £2,142 4
2015£177,250 £1,931 4
2014£121,833 £1,571 3
2013£135,000 £1,757 6
2012£126,333 £1,379 3
2011£115,000 £2,181 2
2010£141,000 £1,670 2
2009£100,000 £1,205 1
2008£170,000 £1,339 1
2007£188,500 £2,175 2
2006£127,000 £1,524 3
2005£144,975 £1,169 2
2004£83,238 £1,464 4
2003£115,988 £1,499 4
2002£96,738 £935 8
2001£85,389 £861 5
2000£68,242 £788 6
1999£57,583 £710 6
1998£57,870 £587 5
1997£60,238 £655 4
1995£63,125 £991 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£95,000 £848 1
2021£185,000 £1,376 1
2020£95,000 £2,209 1
2012£52,000 £754 1
2011£105,000 £1,335 2
2010£45,000 £1,004 1
2009£60,000 £536 1
2007£91,000 £859 2
2005£34,000 £410 1
2004£32,890 £672 2
2003£30,000 £669 1
2002£20,000 £446 1
2001£55,000 £786 1
1999£41,000 £586 1
1997£18,500 £413 1
1996£21,950 £314 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£85,000 £1,635 1
2018£40,000 £242 1
2016£30,0001

House Type in OL12 8NZ area

The most common house types in the OL12 8NZ postcode area are Terraced (66), Flat (32), and Semi-detached (15).

Total128
Terraced66
Flat32
Semi-detached15
Detached12
commercial building2
temporary structure1
Shared house0
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (38), and Owned: Owns outright (31).

Owned: Owns with a mortgage or loan38
Owned: Owns outright31
Private rented: Private landlord or letting agency26
Social rented: Other social rented20
Social rented: Rents from council or Local Authority9
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the OL12 8NZ have 1 person in household (52), and 2 people in household (37).

1 person in household52
2 people in household37
4 people in household17
3 people in household14
5 people in household7
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0