According to the public record, 12, West Street, Nelson is a period leasehold house with 635 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
West Street, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
12, West Street, Nelson has 51 entries in the Land Registry database, most recently in March 2008 and a single entry in the EPC database dated February 2021.
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 West Street Nelson as £50,587 and the rental value as £306 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 12 West Street Nelson has increased by £4,099 (8.1%) and its rental value has increased by £12 per month (4.0%).
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, West Street, Nelson is in very good condition we estimate a sale value of £53,117 and rental value of £321 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £47,046 and a rental value of £284 per month.
If you were able to purchase this property for the estimated value of £50,587, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £249 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, West Street, Nelson was last sold on 07 Mar 2008 for £65,000 and was recorded as a leasehold house.
The property has had 5 sales since 1995.
Since Mar 2008, the market for similar properties has risen 22.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, West Street, Nelson within a radius of 540 metres over the last 2 years.
The most recent example is 1, Norfolk Street, Nelson, BB9 7TN, a Leasehold house which sold for £45,000 in May 2022.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Street, Nelson, BB9 has a total of 11 addresses. According to our analysis of all the public data, 12, West Street, Nelson is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in BB9.
12, West Street, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Feb 2021.
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, West Street, Nelson is Nelson 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, West Street, Nelson, 38.3% of property is privately rented and 37.0% 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, West Street, Nelson, 30.8% of residents are recorded as possessing school level qualifications and 18.2% 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 12, West 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, West 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, West Street, Nelson, 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.