According to the public record, 1 Primrose Clough, Colne is a period freehold house with 936 ft2 of internal area and sits on a 231 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Birchenlee Lane, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
1 Primrose Clough, Colne has 21 entries in the Land Registry database, most recently in August 2017 and a single entry in the EPC database dated August 2015.
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 Primrose Clough Colne as £404,152 and the rental value as £1,530 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 1 Primrose Clough Colne has increased by £10,601 (2.6%) and its rental value has decreased by £19 per month (1.3%).
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 Primrose Clough, Colne is in very good condition we estimate a sale value of £424,360 and rental value of £1,607 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £375,862 and a rental value of £1,423 per month.
If you were able to purchase this property for the estimated value of £404,152, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,986 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 Primrose Clough, Colne sits on a plot of 231m2.
We have plot size data on 5 out of 16 other houses in the postcode and 1 Primrose Clough, Colne sits on the 5th largest plot.
According to HM Land Registry, 1 Primrose Clough, Colne was last sold on 09 Aug 2017 for £328,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2017, the market for similar properties has risen 28.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.3 kilometres radius of 1 Primrose Clough, Colne over the last 2 years.
The most recent example is 45, Lenches Road, Colne, BB8 8ET, a Freehold house which sold for £152,500 in Dec 2021.
Read more about house prices in BB8.
Birchenlee Lane, Colne, BB8 has a total of 17 addresses. According to our analysis of all the public data, 1 Primrose Clough, Colne is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £234k more expensive than the average property in BB8.
1 Primrose Clough, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2015.
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 Primrose Clough, Colne is Colne station which is 1.4 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 Primrose Clough, Colne, 50.0% of property is privately owned outright and 22.7% 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 Primrose Clough, Colne, 18.3% of residents are recorded as possessing school level qualifications and 24.0% 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 Primrose Clough, Colne, the average age was 39.9 and the most common age was 32.
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 Primrose Clough, Colne, 2.7% 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 Primrose Clough, Colne, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.