According to the public record, 12, Spring Street, Nelson is a period leasehold house with 1,184 ft2 of internal area and sits on a 66 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Spring Street, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
12, Spring Street, Nelson has 21 entries in the Land Registry database, most recently in February 2009 and a single entry in the EPC database dated November 2016.
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 Spring Street Nelson as £112,615 and the rental value as £555 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 12 Spring Street Nelson has increased by £4,593 (4.1%) and its rental value has increased by £1 per month (0.1%).
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, Spring Street, Nelson is in very good condition we estimate a sale value of £118,246 and rental value of £583 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,732 and a rental value of £516 per month.
If you were able to purchase this property for the estimated value of £112,615, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £553 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, Spring Street, Nelson sits on a plot of 66m2.
We have plot size data on 25 out of 25 other houses in the postcode and 12, Spring Street, Nelson sits on the 10th largest plot.
According to HM Land Registry, 12, Spring Street, Nelson was last sold on 16 Feb 2009 for £26,500 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Feb 2009, the market for similar properties has risen 34.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Spring Street, Nelson within a radius of 610 metres over the last 2 years.
The most recent example is 223, Every Street, Nelson, BB9 7BS, a Leasehold house which sold for £90,000 in May 2024.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Street, Nelson, BB9 has a total of 25 addresses. According to our analysis of all the public data, 12, Spring Street, Nelson is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in BB9.
12, Spring Street, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Nov 2016.
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, Spring Street, Nelson is Nelson station which is 800 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, Spring Street, Nelson, 43.8% of property is privately owned outright and 33.9% 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, Spring Street, Nelson, 32.7% of residents are recorded as possessing school level qualifications and 19.6% 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, Spring Street, Nelson, the average age was 32.4 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 12, Spring Street, Nelson, 0.2% 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, Spring Street, Nelson, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.