According to the public record, 1, Netherfield Road, Nelson is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 698 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Netherfield Road, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
1, Netherfield Road, Nelson has a single entry in the Land Registry database from December 2021 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 Netherfield Road Nelson as £52,268 and the rental value as £310 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 1 Netherfield Road Nelson has increased by £3,897 (7.5%) and its rental value has increased by £10 per month (3.3%).
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, Netherfield Road, Nelson is in very good condition we estimate a sale value of £54,881 and rental value of £326 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £48,609 and a rental value of £288 per month.
If you were able to purchase this property for the estimated value of £52,268, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £257 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 HM Land Registry, 1, Netherfield Road, Nelson was last sold on 08 Dec 2021 for £39,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has risen 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Netherfield Road, Nelson within a radius of 440 metres over the last 2 years.
The most recent example is 59, Chapel House Road, Nelson, BB9 9DL, a Leasehold house which sold for £47,500 in Feb 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Netherfield Road, Nelson, BB9 has a total of 45 addresses. According to our analysis of all the public data, 1, Netherfield Road, Nelson is the 23rd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in BB9.
The closest station to 1, Netherfield Road, Nelson is Nelson station which is 100 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, Netherfield Road, Nelson, 51.1% of property is socially rented and 26.7% is privately rented.
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, Netherfield Road, Nelson, 20.7% of residents are recorded as possessing school level qualifications and 18.1% 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, Netherfield Road, Nelson, the average age was 32.4 and the most common age was 12.
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, Netherfield Road, Nelson, 0.0% 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, Netherfield Road, Nelson, there are an average of 0.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.