According to the public record, 15, Knotts Mount, Colne is a modern leasehold house with 721 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Knotts Mount, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
15, Knotts Mount, Colne has 2 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated June 2017.
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 Knotts Mount Colne as £180,959 and the rental value as £724 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 15 Knotts Mount Colne has increased by £7,076 (3.9%) and its rental value has decreased by £0 per month (0.0%).
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, Knotts Mount, Colne is in very good condition we estimate a sale value of £190,006 and rental value of £760 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,291 and a rental value of £673 per month.
If you were able to purchase this property for the estimated value of £180,959, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £889 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, 15, Knotts Mount, Colne was last sold on 04 Mar 2022 for £154,950 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Knotts Mount, Colne within a radius of 840 metres over the last 2 years.
The most recent example is 1, Aspinall Drive, Colne, BB8 8FF, a Freehold house which sold for £135,000 in Dec 2021.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knotts Mount, Colne, BB8 has a total of 50 addresses. According to our analysis of all the public data, 15, Knotts Mount, Colne is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in BB8.
15, Knotts Mount, Colne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jun 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 15, Knotts Mount, 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 15, Knotts Mount, Colne, 35.3% of property is socially rented and 29.4% 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, Knotts Mount, Colne, 22.9% 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 15, Knotts Mount, 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 15, Knotts Mount, Colne, 0.5% 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, Knotts Mount, Colne, 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.