According to the public record, 12, Clarence Street, Colne is a period house with 914 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Clarence Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
12, Clarence Street, Colne has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2024.
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 12 Clarence Street Colne as £142,333 and the rental value as £716 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 12 Clarence Street Colne has increased by £4,612 (3.2%) and its rental value has decreased by £5 per month (0.6%).
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 12, Clarence Street, Colne is in very good condition we estimate a sale value of £149,450 and rental value of £752 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,370 and a rental value of £666 per month.
If you were able to purchase this property for the estimated value of £142,333, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £700 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, 12, Clarence Street, Colne was last sold on 19 Dec 2003 for £69,500 and was recorded as a leasehold 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 12, Clarence Street, Colne within a radius of 620 metres over the last 2 years.
The most recent example is 36, Clarence Street, Colne, BB8 0PP, a Freehold house which sold for £157,500 in Jun 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clarence Street, Colne, BB8 has a total of 56 addresses. According to our analysis of all the public data, 12, Clarence Street, Colne is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in BB8.
12, Clarence Street, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Mar 2024.
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 12, Clarence Street, Colne is Colne station which is 1.9 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 12, Clarence Street, Colne, 39.2% of property is privately owned with a mortgage and 37.3% 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 12, Clarence Street, Colne, 17.2% of residents are recorded as possessing school level qualifications and 30.1% 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 12, Clarence Street, 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 12, Clarence Street, Colne, 0.9% 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 12, Clarence Street, Colne, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.