Property investment stats for Millom, North West

• Prices are highly affordable for buyers, with a price-to-income ratio of 2.6, making entry to the market accessible for most local households.
• The median achieved price is £1,250 (the typical achieved discount) below asking, suggesting buyers have room to negotiate and secure a discount.
• The current median asking price for a 3-bedroom house is £149,975, which is attractively low for investors seeking yield or value.

• The one-year capital growth has changed by -11.9%, which may worry those seeking short-term gains.
• The local workforce is less degree-educated (in the 4th percentile) and has fewer professionals and managers (7th percentile), which could limit future price growth.
• The area has a higher proportion of older residents (in the 72nd percentile for over-60s), which may affect long-term demand dynamics.

Given the 3.1% annualised growth over three years, Millom shows some resilience despite the more recent change by -11.9% in the past year. The market remains liquid, with properties selling in around 62 days, and buyers are still able to negotiate below asking prices.

Affordability is a key strength here, with a price-to-income ratio of 2.6 and a median sale price for a family home at £149,975. However, the demographic mix and limited professional population suggest growth may be steady rather than spectacular. Investors should expect stable, value-driven returns rather than rapid appreciation.