According to the public record, 11, Devon Street, Colne is a period leasehold house with 1,259 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Devon Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
11, Devon Street, Colne has 41 entries in the Land Registry database, most recently in November 2019 and a single entry in the EPC database dated November 2022.
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 11 Devon Street Colne as £126,340 and the rental value as £640 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 11 Devon Street Colne has increased by £3,267 (2.6%) and its rental value has decreased by £8 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 11, Devon Street, Colne is in very good condition we estimate a sale value of £132,657 and rental value of £672 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,497 and a rental value of £595 per month.
If you were able to purchase this property for the estimated value of £126,340, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £621 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, 11, Devon Street, Colne was last sold on 22 Nov 2019 for £120,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since Nov 2019, the market for similar properties has risen 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Devon Street, Colne within a radius of 640 metres over the last 2 years.
The most recent example is 193, Skipton Road, Colne, BB8 0NZ, a Leasehold house which sold for £134,950 in Sep 2021.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devon Street, Colne, BB8 has a total of 6 addresses. According to our analysis of all the public data, 11, Devon Street, Colne is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in BB8.
11, Devon Street, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Nov 2022.
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 11, Devon Street, Colne is Colne station which is 1.4 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 11, Devon Street, Colne, 33.3% of property is privately owned outright and 27.7% 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 11, Devon Street, Colne, 16.0% of residents are recorded as possessing school level qualifications and 20.2% 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 11, Devon Street, 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 11, Devon Street, 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 11, Devon Street, Colne, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.