According to the public record, 1 The Old Sidings, Colne is a modern leasehold house with 1,291 ft2 of internal area and sits on a 2,496 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Foulridge, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
1 The Old Sidings, Colne has 2 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated April 2021.
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 The Old Sidings Colne as £291,992 and the rental value as £993 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 1 The Old Sidings Colne has increased by £4,970 (1.7%) and its rental value has decreased by £21 per month (2.2%).
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 The Old Sidings, Colne is in very good condition we estimate a sale value of £306,592 and rental value of £1,042 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,553 and a rental value of £923 per month.
If you were able to purchase this property for the estimated value of £291,992, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,435 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 The Old Sidings, Colne sits on a plot of 2496m2.
We have plot size data on 9 out of 10 other houses in the postcode and 1 The Old Sidings, Colne sits on the largest plot.
According to HM Land Registry, 1 The Old Sidings, Colne was last sold on 02 Aug 2021 for £269,950 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Aug 2021, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 The Old Sidings, Colne within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 2, Mile End Close, Colne, BB8 7LD, a Freehold house which sold for £265,000 in Jul 2018.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Foulridge, Colne, BB8 has a total of 24 addresses. According to our analysis of all the public data, 1 The Old Sidings, Colne is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £122k more expensive than the average property in BB8.
1 The Old Sidings, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Apr 2021.
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 The Old Sidings, Colne is Colne station which is 2.6 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 The Old Sidings, Colne, 53.9% of property is privately owned outright and 35.0% is privately owned with a mortgage.
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 The Old Sidings, Colne, 12.2% of residents are recorded as possessing school level qualifications and 32.5% 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 The Old Sidings, Colne, the average age was 45.1 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 The Old Sidings, Colne, 0.9% 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 The Old Sidings, Colne, there are an average of 1.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.