According to the public record, 15, Town Gate, Colne is a period freehold house with 452 ft2 of internal area and sits on a 129 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Town Gate, Foulridge, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
15, Town Gate, Colne has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated April 2013.
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 Town Gate Colne as £119,501 and the rental value as £551 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 15 Town Gate Colne has increased by £4,192 (3.5%) and its rental value has decreased by £2 per month (0.4%).
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, Town Gate, Colne is in very good condition we estimate a sale value of £125,476 and rental value of £579 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,136 and a rental value of £512 per month.
If you were able to purchase this property for the estimated value of £119,501, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £587 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, Town Gate, Colne sits on a plot of 129m2.
We have plot size data on 15 out of 21 other houses in the postcode and 15, Town Gate, Colne sits on the 3rd largest plot.
According to HM Land Registry, 15, Town Gate, Colne was last sold on 27 Nov 2015 for £107,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 38.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Town Gate, Colne within a radius of 1.7 kilometres over the last 2 years.
The most recent example is 25, Town Gate, Colne, BB8 7PL, a Freehold house which sold for £115,000 in Sep 2021.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Town Gate, Foulridge, Colne, BB8 has a total of 21 addresses. According to our analysis of all the public data, 15, Town Gate, Colne is the 15th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in BB8.
15, Town Gate, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Apr 2013.
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, Town Gate, Colne is Colne station which is 2.6 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, Town Gate, Colne, 55.5% of property is privately owned outright and 26.6% 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 15, Town Gate, Colne, 14.8% of residents are recorded as possessing school level qualifications and 36.1% 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, Town Gate, 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, Town Gate, Colne, 1.4% 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, Town Gate, Colne, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.