According to the public record, 11, Short Street, Colne is a period leasehold house with 979 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Short Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
11, Short Street, Colne has 21 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated June 2015.
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 Short Street Colne as £68,748 and the rental value as £378 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 11 Short Street Colne has increased by £4,662 (6.8%) and its rental value has increased by £10 per month (2.8%).
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, Short Street, Colne is in very good condition we estimate a sale value of £72,185 and rental value of £397 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £63,936 and a rental value of £351 per month.
If you were able to purchase this property for the estimated value of £68,748, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £338 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, Short Street, Colne was last sold on 29 Sep 2020 for £57,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Sep 2020, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Short Street, Colne within a radius of 600 metres over the last 2 years.
The most recent example is 118, Knotts Lane, Colne, BB8 8AE, a Leasehold house which sold for £50,000 in Mar 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Short Street, Colne, BB8 has a total of 11 addresses. According to our analysis of all the public data, 11, Short Street, Colne is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in BB8.
11, Short Street, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Jun 2015.
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, Short Street, Colne is Colne station which is 600 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 11, Short Street, Colne, 52.2% of property is privately rented and 30.6% is privately owned outright.
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, Short Street, Colne, 15.3% of residents are recorded as possessing school level qualifications and 24.9% 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 11, Short Street, Colne, the average age was 39.9 and the most common age was 32.
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, Short Street, Colne, 0.6% 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, Short Street, Colne, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.