According to the public record, 12, Knotts Drive, Colne is a modern leasehold house with 839 ft2 of internal area and sits on a 278 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Knotts Drive, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
12, Knotts Drive, Colne has 31 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated March 2014.
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 12 Knotts Drive Colne as £206,338 and the rental value as £806 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 12 Knotts Drive Colne has increased by £5,412 (2.6%) and its rental value has decreased by £10 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 12, Knotts Drive, Colne is in very good condition we estimate a sale value of £216,655 and rental value of £847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,895 and a rental value of £750 per month.
If you were able to purchase this property for the estimated value of £206,338, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,014 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, 12, Knotts Drive, Colne sits on a plot of 278m2.
We have plot size data on 23 out of 29 other houses in the postcode and 12, Knotts Drive, Colne sits on the 10th largest plot.
According to HM Land Registry, 12, Knotts Drive, Colne was last sold on 04 Nov 2022 for £235,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Nov 2022, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Knotts Drive, Colne within a radius of 830 metres over the last 2 years.
The most recent example is 4, Grindlestone Hirst, Colne, BB8 8BF, a Freehold house which sold for £240,000 in Feb 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knotts Drive, Colne, BB8 has a total of 40 addresses. According to our analysis of all the public data, 12, Knotts Drive, Colne is the 27th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in BB8.
12, Knotts Drive, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2014.
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, Knotts Drive, 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 12, Knotts Drive, Colne, 35.3% of property is socially rented and 29.4% 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 12, Knotts Drive, Colne, 22.9% of residents are recorded as possessing school level qualifications and 20.9% 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 12, Knotts Drive, 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 12, Knotts Drive, Colne, 0.5% 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, Knotts Drive, Colne, 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.