According to the public record, 137, Avenue Parade, Accrington is a period leasehold house with 882 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Avenue Parade, Accrington, BB5 is located in the borough of Hyndburn within the BB5 postal district.
137, Avenue Parade, Accrington has 21 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated November 2022.
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 137 Avenue Parade Accrington as £89,191 and the rental value as £581 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 137 Avenue Parade Accrington has increased by £4,468 (5.0%) and its rental value has increased by £22 per month (3.8%).
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 137, Avenue Parade, Accrington is in very good condition we estimate a sale value of £93,651 and rental value of £610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,948 and a rental value of £540 per month.
If you were able to purchase this property for the estimated value of £89,191, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £438 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, 137, Avenue Parade, Accrington was last sold on 14 Apr 2023 for £57,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Apr 2023, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 137, Avenue Parade, Accrington within a radius of 360 metres over the last 2 years.
The most recent example is 156, Water Street, Accrington, BB5 6QU, a Leasehold house which sold for £88,000 in May 2023.
Read more about house prices in BB5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Avenue Parade, Accrington, BB5 has a total of 254 addresses. According to our analysis of all the public data, 137, Avenue Parade, Accrington is the 165th largest and the 202nd most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in BB5.
137, Avenue Parade, Accrington has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 15 Nov 2022.
The property is connected to mains gas and has partial double glazing. It is heated using room heaters.
The closest station to 137, Avenue Parade, Accrington is Accrington station which is 1.0 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 137, Avenue Parade, Accrington, 39.0% of property is privately rented and 31.0% is privately owned with a mortgage.
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 137, Avenue Parade, Accrington, 22.1% 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 137, Avenue Parade, Accrington, the average age was 40.2 and the most common age was 52.
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 137, Avenue Parade, Accrington, 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 137, Avenue Parade, Accrington, 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.