According to the public record, 17, Oak Street, Colne is a period leasehold house with 753 ft2 of internal area and sits on a 79.2 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Oak Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
17, Oak Street, Colne has a single entry in the Land Registry database from May 2018 and a single entry in the EPC database dated April 2024.
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 17 Oak Street Colne as £73,485 and the rental value as £429 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 17 Oak Street Colne has increased by £4,960 (6.8%) and its rental value has increased by £12 per month (2.7%).
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 17, Oak Street, Colne is in very good condition we estimate a sale value of £77,159 and rental value of £450 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,341 and a rental value of £399 per month.
If you were able to purchase this property for the estimated value of £73,485, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £361 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, 17, Oak Street, Colne sits on a plot of 79m2.
We have plot size data on 45 out of 66 other houses in the postcode and 17, Oak Street, Colne sits on the 42nd largest plot.
According to HM Land Registry, 17, Oak Street, Colne was last sold on 18 May 2018 for £44,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 34.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Oak Street, Colne within a radius of 440 metres over the last 2 years.
The most recent example is 54, Fern Street, Colne, BB8 0QY, a Leasehold house which sold for £71,000 in Dec 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Street, Colne, BB8 has a total of 147 addresses. According to our analysis of all the public data, 17, Oak Street, Colne is the 71st largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in BB8.
17, Oak Street, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 2024.
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 17, Oak Street, Colne is Colne station which is 1.6 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 17, Oak Street, Colne, 38.9% of property is privately rented and 33.3% 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 17, Oak Street, Colne, 27.3% of residents are recorded as possessing school level qualifications and 26.1% 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 17, Oak Street, Colne, the average age was 43.8 and the most common age was 62.
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 17, Oak Street, Colne, 0.0% 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 17, Oak Street, Colne, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.