According to the public record, 15, Mile End Close, Colne is a modern leasehold house with 1,463 ft2 of internal area and sits on a 235 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mile End Close, Foulridge, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
15, Mile End Close, Colne has 31 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated June 2023.
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 Mile End Close Colne as £342,164 and the rental value as £1,142 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 15 Mile End Close Colne has increased by £5,824 (1.7%) and its rental value has decreased by £25 per month (2.2%).
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, Mile End Close, Colne is in very good condition we estimate a sale value of £359,272 and rental value of £1,199 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,212 and a rental value of £1,062 per month.
If you were able to purchase this property for the estimated value of £342,164, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,682 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, Mile End Close, Colne sits on a plot of 235m2.
We have plot size data on 13 out of 15 other houses in the postcode and 15, Mile End Close, Colne sits on the 9th largest plot.
According to HM Land Registry, 15, Mile End Close, Colne was last sold on 12 Dec 2018 for £267,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Dec 2018, the market for similar properties has risen 22.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Mile End Close, Colne within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 1 The Old Sidings, Colne, BB8 7GQ, a Leasehold house which sold for £269,950 in Aug 2021.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mile End Close, Foulridge, Colne, BB8 has a total of 15 addresses. According to our analysis of all the public data, 15, Mile End Close, Colne is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £172k more expensive than the average property in BB8.
15, Mile End Close, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2023.
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, Mile End Close, Colne is Colne station which is 2.7 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, Mile End Close, Colne, 40.9% of property is privately owned with a mortgage and 33.8% 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 15, Mile End Close, Colne, 19.8% of residents are recorded as possessing school level qualifications and 33.7% 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, Mile End Close, Colne, the average age was 45.1 and the most common age was 57.
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, Mile End Close, Colne, 1.2% 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 15, Mile End Close, Colne, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.