According to the public record, 1, The Crescent, Colne is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 764 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
The Crescent, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
1, The Crescent, Colne has a single entry in the Land Registry database from December 2006 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 The Crescent Colne as £113,619 and the rental value as £623 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 1 The Crescent Colne has increased by £6,177 (5.4%) and its rental value has increased by £9 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, The Crescent, Colne is in very good condition we estimate a sale value of £119,300 and rental value of £654 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,666 and a rental value of £579 per month.
If you were able to purchase this property for the estimated value of £113,619, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £558 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, The Crescent, Colne was last sold on 04 Dec 2006 for £44,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Crescent, Colne within a radius of 600 metres over the last 2 years.
The most recent example is 67, Ruskin Avenue, Colne, BB8 9RP, a Freehold house which sold for £120,000 in Jan 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Crescent, Colne, BB8 has a total of 42 addresses. According to our analysis of all the public data, 1, The Crescent, Colne is the 13th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in BB8.
The closest station to 1, The Crescent, Colne is Colne station which is 1.3 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, The Crescent, Colne, 53.3% of property is socially rented and 18.3% 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, The Crescent, Colne, 23.4% of residents are recorded as possessing school level qualifications and 19.3% 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, The Crescent, 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, The Crescent, Colne, 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, The Crescent, Colne, 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.