According to the public record, 15, Hemingway Place, Nelson is a mid-century freehold house with 753 ft2 of internal area and sits on a 432 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Hemingway Place, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
15, Hemingway Place, Nelson has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated April 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 15 Hemingway Place Nelson as £79,412 and the rental value as £463 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 15 Hemingway Place Nelson has increased by £6,433 (8.1%) and its rental value has increased by £18 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 15, Hemingway Place, Nelson is in very good condition we estimate a sale value of £83,382 and rental value of £486 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,853 and a rental value of £431 per month.
If you were able to purchase this property for the estimated value of £79,412, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £390 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, 15, Hemingway Place, Nelson sits on a plot of 432m2.
We have plot size data on 7 out of 9 other houses in the postcode and 15, Hemingway Place, Nelson sits on the 2nd largest plot.
According to HM Land Registry, 15, Hemingway Place, Nelson was last sold on 09 Sep 2021 for £80,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Hemingway Place, Nelson within a radius of 420 metres over the last 2 years.
The most recent example is 36, Hendon Road, Nelson, BB9 9JN, a Leasehold house which sold for £79,000 in Apr 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hemingway Place, Nelson, BB9 has a total of 9 addresses. According to our analysis of all the public data, 15, Hemingway Place, Nelson is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in BB9.
15, Hemingway Place, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Apr 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 15, Hemingway Place, Nelson is Nelson 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 15, Hemingway Place, Nelson, 36.1% of property is privately owned outright and 28.6% 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 15, Hemingway Place, Nelson, 24.6% of residents are recorded as possessing school level qualifications and 17.7% 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 15, Hemingway Place, Nelson, the average age was 34.7 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 15, Hemingway Place, Nelson, 1.1% 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 15, Hemingway Place, Nelson, 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.