According to the public record, 1, Rye Croft, Colne is a modern freehold house with 1,122 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rye Croft, Trawden, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
1, Rye Croft, Colne has 2 entries in the Land Registry database, most recently in May 2016 and a single entry in the EPC database dated April 2010.
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 Rye Croft Colne as £265,758 and the rental value as £944 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 1 Rye Croft Colne has increased by £6,184 (2.3%) and its rental value has decreased by £14 per month (1.5%).
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, Rye Croft, Colne is in very good condition we estimate a sale value of £279,046 and rental value of £991 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,155 and a rental value of £878 per month.
If you were able to purchase this property for the estimated value of £265,758, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,306 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, Rye Croft, Colne was last sold on 12 May 2016 for £234,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since May 2016, the market for similar properties has risen 30.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Rye Croft, Colne within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 9, Rye Croft, Colne, BB8 8TH, a Leasehold house which sold for £245,000 in Jul 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rye Croft, Trawden, Colne, BB8 has a total of 6 addresses. According to our analysis of all the public data, 1, Rye Croft, Colne is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £96k more expensive than the average property in BB8.
1, Rye Croft, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2010.
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, Rye Croft, Colne is Colne station which is 3.9 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, Rye Croft, Colne, 46.1% of property is privately owned with a mortgage and 38.2% 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, Rye Croft, Colne, 13.1% of residents are recorded as possessing school level qualifications and 34.7% 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, Rye Croft, 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, Rye Croft, Colne, 0.3% 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, Rye Croft, Colne, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.