According to the public record, 1, Romney Street, Nelson is a period leasehold house with 785 ft2 of internal area and sits on a 228 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Romney Street, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
1, Romney Street, Nelson has a single entry in the Land Registry database from August 2015 and a single entry in the EPC database dated May 2024.
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 Romney Street Nelson as £77,373 and the rental value as £453 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 1 Romney Street Nelson has increased by £1,918 (2.5%) and its rental value has decreased by £7 per month (1.4%).
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, Romney Street, Nelson is in very good condition we estimate a sale value of £81,242 and rental value of £476 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,957 and a rental value of £421 per month.
If you were able to purchase this property for the estimated value of £77,373, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £380 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, Romney Street, Nelson sits on a plot of 228m2.
We have plot size data on 4 out of 14 other houses in the postcode and 1, Romney Street, Nelson sits on the 2nd largest plot.
According to HM Land Registry, 1, Romney Street, Nelson was last sold on 06 Aug 2015 for £38,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Aug 2015, the market for similar properties has risen 42.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Romney Street, Nelson within a radius of 390 metres over the last 2 years.
The most recent example is 27, Meredith Street, Nelson, BB9 0BZ, a Leasehold house which sold for £74,000 in Sep 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romney Street, Nelson, BB9 has a total of 31 addresses. According to our analysis of all the public data, 1, Romney Street, Nelson is the 13th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in BB9.
1, Romney Street, Nelson has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 01 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 1, Romney Street, Nelson is Nelson station which is 500 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, Romney Street, Nelson, 40.0% of property is privately rented and 36.5% 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, Romney Street, Nelson, 21.7% of residents are recorded as possessing school level qualifications and 16.4% 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, Romney Street, 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, Romney Street, Nelson, 0.8% 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, Romney Street, Nelson, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.