According to the public record, 13, Exchange Street, Colne is a leasehold house.
By comparing it to neighbours, we estimate that it is a period house with 526 ft2 of internal area and sits on a 64 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Exchange Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
13, Exchange Street, Colne has a single entry in the Land Registry database from July 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 13 Exchange Street Colne as £53,030 and the rental value as £321 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 13 Exchange Street Colne has increased by £3,789 (7.1%) and its rental value has increased by £10 per month (3.1%).
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 13, Exchange Street, Colne is in very good condition we estimate a sale value of £55,681 and rental value of £337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £49,318 and a rental value of £298 per month.
If you were able to purchase this property for the estimated value of £53,030, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £261 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, 13, Exchange Street, Colne sits on a plot of 64m2.
We have plot size data on 8 out of 9 other houses in the postcode and 13, Exchange Street, Colne sits on the 8th largest plot.
According to HM Land Registry, 13, Exchange Street, Colne was last sold on 29 Jul 2015 for £15,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 44.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 13, Exchange Street, Colne within a radius of 530 metres over the last 2 years.
The most recent example is 40, West Street, Colne, BB8 0HW, a Leasehold house which sold for £45,000 in Nov 2015.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Exchange Street, Colne, BB8 has a total of 29 addresses. According to our analysis of all the public data, 13, Exchange Street, Colne is the 28th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in BB8.
The closest station to 13, Exchange Street, Colne is Colne station which is 700 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 13, Exchange Street, Colne, 32.8% of property is socially rented and 27.6% 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 13, Exchange Street, Colne, 30.2% of residents are recorded as possessing school level qualifications and 24.4% 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 13, Exchange 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 13, Exchange Street, Colne, 0.0% 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 13, Exchange Street, Colne, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.