According to the public record, 1, Edward Street, Bacup is a period leasehold house and with 645 ft2 of internal area and sits on a 1,747 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Edward Street, Bacup, OL13 is located in the borough of Rossendale within the OL13 postal district.
1, Edward Street, Bacup has a single entry in the Land Registry database from June 2009 and 2 entries in the EPC database, most recently in December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Edward Street Bacup as £66,085 and the rental value as £399 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 1 Edward Street Bacup has increased by £4,865 (7.4%) and its rental value has increased by £37 per month (9.2%).
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, Edward Street, Bacup is in very good condition we estimate a sale value of £69,390 and rental value of £418 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £61,459 and a rental value of £371 per month.
If you were able to purchase this property for the estimated value of £66,085, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £325 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, Edward Street, Bacup sits on a plot of 1747m2.
We have plot size data on 11 out of 12 other houses in the postcode and 1, Edward Street, Bacup sits on the largest plot.
According to HM Land Registry, 1, Edward Street, Bacup was last sold on 18 Jun 2009 for £48,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jun 2009, the market for similar properties has risen 70.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Edward Street, Bacup within a radius of 559m over the last 2 years.
The most recent example is 39, Alma Street, Bacup, OL13 9JA, a Freehold house which sold for £39,500 in Sep 2023.
Read more about house prices in OL13.
Edward Street, Bacup, OL13 has a total of 12 addresses. According to our analysis of all the public data, 1, Edward Street, Bacup is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in OL13.
1, Edward Street, Bacup has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Edward Street, Bacup is Walsden station which is 5.8 km 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, Edward Street, Bacup, 33.6% of property is privately owned with a mortgage and 31.9% 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, Edward Street, Bacup, 19.6% of residents are recorded as possessing school level qualifications and 23.5% 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, Edward Street, Bacup, the average age was 39.3 and the most common age was 52.
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, Edward Street, Bacup, 5.8% 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, Edward Street, Bacup, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.