According to the public record, 1, Towngate Mews, Colne is a modern house with 967 ft2 of internal area and sits on a 129 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Towngate Mews, Foulridge, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
1, Towngate Mews, Colne has no recent1 records in the Land Registry database and a single entry in the EPC database dated September 2010.
We combine this information with public data 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 Towngate Mews Colne as £167,641 and the rental value as £741 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 1 Towngate Mews Colne has increased by £2,968 (1.8%) and its rental value has decreased by £15 per month (2.1%).
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, Towngate Mews, Colne is in very good condition we estimate a sale value of £176,023 and rental value of £778 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,906 and a rental value of £689 per month.
If you were able to purchase this property for the estimated value of £167,641, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £824 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, Towngate Mews, Colne sits on a plot of 129m2.
We have plot size data on 2 out of 4 other houses in the postcode and 1, Towngate Mews, Colne sits on the largest plot.
According to HM Land Registry, 1, Towngate Mews, Colne was last sold on 31 Oct 2003 for £120,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Towngate Mews, Colne within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 7, Warehouse Lane, Colne, BB8 7PP, a Freehold house which sold for £179,950 in Sep 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Towngate Mews, Foulridge, Colne, BB8 has a total of 4 addresses. According to our analysis of all the public data, 1, Towngate Mews, Colne is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in BB8.
1, Towngate Mews, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 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, Towngate Mews, Colne is Colne station which is 2.7 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, Towngate Mews, Colne, 55.5% of property is privately owned outright and 26.6% 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, Towngate Mews, Colne, 14.8% of residents are recorded as possessing school level qualifications and 36.1% 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, Towngate Mews, 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, Towngate Mews, Colne, 1.4% 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, Towngate Mews, 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.