According to the public record, 1 Riverside Mews, Nelson is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,103 ft2 of internal area and sits on a 1,802 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Portland Street, Barrowford, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
1 Riverside Mews, Nelson has a single entry in the Land Registry database from October 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Riverside Mews Nelson as £286,030 and the rental value as £1,023 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 1 Riverside Mews Nelson has increased by £6,543 (2.3%) and its rental value has decreased by £17 per month (1.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 Riverside Mews, Nelson is in very good condition we estimate a sale value of £300,331 and rental value of £1,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,008 and a rental value of £951 per month.
If you were able to purchase this property for the estimated value of £286,030, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,406 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1 Riverside Mews, Nelson sits on a plot of 1802m2.
We have plot size data on 6 out of 6 other houses in the postcode and 1 Riverside Mews, Nelson sits on the largest plot.
According to HM Land Registry, 1 Riverside Mews, Nelson was last sold on 08 Oct 2009 for £250,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Oct 2009, the market for similar properties has risen 39.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Riverside Mews, Nelson within a radius of 670 metres over the last 2 years.
The most recent example is 3 Riverside Mews, Portland Street, Nelson, BB9 8AL, a Leasehold house which sold for £269,950 in Dec 2017.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Portland Street, Barrowford, Nelson, BB9 has a total of 12 addresses. According to our analysis of all the public data, 1 Riverside Mews, Nelson is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £154k more expensive than the average property in BB9.
The closest station to 1 Riverside Mews, Nelson is Nelson station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 Riverside Mews, Nelson, 36.7% of property is privately owned with a mortgage and 33.3% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1 Riverside Mews, Nelson, 21.5% of residents are recorded as possessing school level qualifications and 30.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Riverside Mews, Nelson, the average age was 46.1 and the most common age was 57.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1 Riverside Mews, Nelson, 1.3% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1 Riverside Mews, Nelson, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.