According to the public record, 10, Malvern Road, Nelson is a period leasehold house with 925 ft2 of internal area and sits on a 101 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Malvern Road, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
10, Malvern Road, Nelson has 21 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated June 2019.
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 10 Malvern Road Nelson as £94,339 and the rental value as £517 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 10 Malvern Road Nelson has increased by £5,052 (5.4%) and its rental value has increased by £7 per month (1.3%).
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, Malvern Road, Nelson is in very good condition we estimate a sale value of £99,056 and rental value of £543 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,735 and a rental value of £481 per month.
If you were able to purchase this property for the estimated value of £94,339, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £464 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, 10, Malvern Road, Nelson sits on a plot of 101m2.
We have plot size data on 29 out of 32 other houses in the postcode and 10, Malvern Road, Nelson sits on the 2nd largest plot.
According to HM Land Registry, 10, Malvern Road, Nelson was last sold on 30 Jul 2020 for £71,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 24.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Malvern Road, Nelson within a radius of 480 metres over the last 2 years.
The most recent example is 52, Glenfield Road, Nelson, BB9 8AP, a Leasehold house which sold for £87,500 in May 2021.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malvern Road, Nelson, BB9 has a total of 32 addresses. According to our analysis of all the public data, 10, Malvern Road, Nelson is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in BB9.
10, Malvern Road, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jun 2019.
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 10, Malvern Road, Nelson is Nelson station which is 1.2 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 10, Malvern Road, Nelson, 35.9% of property is privately owned with a mortgage and 35.2% is privately rented.
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, Malvern Road, Nelson, 24.6% of residents are recorded as possessing school level qualifications and 14.4% 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 10, Malvern Road, Nelson, the average age was 34.7 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 10, Malvern Road, Nelson, 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 10, Malvern Road, 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.