According to the public record, 156, Keighley Road, Colne is a period leasehold house with 2,701 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Keighley Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
156, Keighley Road, Colne has 41 entries in the Land Registry database, most recently in May 2007 and a single entry in the EPC database dated June 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 156 Keighley Road Colne as £342,697 and the rental value as £1,237 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 156 Keighley Road Colne has increased by £5,681 (1.7%) and its rental value has decreased by £27 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 156, Keighley Road, Colne is in very good condition we estimate a sale value of £359,832 and rental value of £1,299 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,708 and a rental value of £1,150 per month.
If you were able to purchase this property for the estimated value of £342,697, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,684 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, 156, Keighley Road, Colne was last sold on 25 May 2007 for £185,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since May 2007, the market for similar properties has risen 31.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 156, Keighley Road, Colne within a radius of 580 metres over the last 2 years.
The most recent example is 128, Keighley Road, Colne, BB8 0PJ, a Leasehold house which sold for £338,000 in Feb 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Keighley Road, Colne, BB8 has a total of 258 addresses. According to our analysis of all the public data, 156, Keighley Road, Colne is the 20th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £173k more expensive than the average property in BB8.
156, Keighley Road, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jun 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 156, Keighley Road, Colne is Colne station which is 1.8 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 156, Keighley Road, Colne, 39.2% of property is privately owned with a mortgage and 37.3% 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 156, Keighley Road, Colne, 17.2% of residents are recorded as possessing school level qualifications and 30.1% 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 156, Keighley Road, 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 156, Keighley Road, Colne, 0.9% 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 156, Keighley Road, Colne, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.