According to the public record, 1, Grenfell Gardens, Colne is a modern freehold house with 1,700 ft2 of internal area and sits on a 788 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Grenfell Gardens, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
1, Grenfell Gardens, Colne has 2 entries in the Land Registry database, most recently in February 2019 and a single entry in the EPC database dated August 2013.
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 Grenfell Gardens Colne as £495,282 and the rental value as £1,653 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 1 Grenfell Gardens Colne has increased by £10,486 (2.1%) and its rental value has decreased by £28 per month (1.7%).
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, Grenfell Gardens, Colne is in very good condition we estimate a sale value of £520,046 and rental value of £1,736 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,612 and a rental value of £1,537 per month.
If you were able to purchase this property for the estimated value of £495,282, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,434 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, Grenfell Gardens, Colne sits on a plot of 788m2.
We have plot size data on 28 out of 32 other houses in the postcode and 1, Grenfell Gardens, Colne sits on the 4th largest plot.
According to HM Land Registry, 1, Grenfell Gardens, Colne was last sold on 22 Feb 2019 for £415,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2019, the market for similar properties has risen 22.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Grenfell Gardens, Colne within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 26, Grenfell Gardens, Colne, BB8 9PL, a Freehold house which sold for £520,000 in Sep 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grenfell Gardens, Colne, BB8 has a total of 55 addresses. According to our analysis of all the public data, 1, Grenfell Gardens, Colne is the 28th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £326k more expensive than the average property in BB8.
1, Grenfell Gardens, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Grenfell Gardens, Colne is Colne station which is 900 metres 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, Grenfell Gardens, Colne, 50.8% of property is privately owned outright and 35.1% 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, Grenfell Gardens, Colne, 13.3% of residents are recorded as possessing school level qualifications and 35.9% 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, Grenfell Gardens, Colne, the average age was 43.8 and the most common age was 62.
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, Grenfell Gardens, Colne, 1.4% 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, Grenfell Gardens, Colne, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.