According to the public record, 10, Grenfell Gardens, Colne is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,400 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Grenfell Gardens, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
10, Grenfell Gardens, Colne has a single entry in the Land Registry database from November 2011 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 10 Grenfell Gardens Colne as £443,561 and the rental value as £1,481 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 10 Grenfell Gardens Colne has increased by £9,391 (2.1%) and its rental value has decreased by £26 per month (1.7%).
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 10, Grenfell Gardens, Colne is in very good condition we estimate a sale value of £465,739 and rental value of £1,555 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £412,512 and a rental value of £1,377 per month.
If you were able to purchase this property for the estimated value of £443,561, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,180 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, 10, Grenfell Gardens, Colne was last sold on 18 Nov 2011 for £385,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2011, the market for similar properties has risen 51.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Grenfell Gardens, Colne within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 100A, Greenfield Road, Colne, BB8 9QX, a Freehold house which sold for £390,000 in Mar 2024.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grenfell Gardens, Colne, BB8 has a total of 55 addresses. According to our analysis of all the public data, 10, Grenfell Gardens, Colne is the 33rd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £274k more expensive than the average property in BB8.
The closest station to 10, Grenfell Gardens, Colne is Colne station which is 900 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 10, Grenfell Gardens, Colne, 50.8% of property is privately owned outright and 35.1% 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 10, Grenfell Gardens, Colne, 13.3% of residents are recorded as possessing school level qualifications and 35.9% 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 10, Grenfell Gardens, 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 10, Grenfell Gardens, 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 10, Grenfell Gardens, Colne, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.