According to the public record, 18, Bankhouse Road, Nelson is a period house with 1,291 ft2 of internal area and sits on a 121 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Bankhouse Road, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
18, Bankhouse Road, Nelson has no records in the Land Registry database and a single entry in the EPC database dated July 2014.
We combine this information with public data 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 18 Bankhouse Road Nelson as £148,128 and the rental value as £605 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 18 Bankhouse Road Nelson has increased by £7,221 (4.9%) and its rental value has increased by £5 per month (0.9%).
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 18, Bankhouse Road, Nelson is in very good condition we estimate a sale value of £155,534 and rental value of £635 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,759 and a rental value of £563 per month.
If you were able to purchase this property for the estimated value of £148,128, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £728 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, 18, Bankhouse Road, Nelson sits on a plot of 121m2.
We have plot size data on 12 out of 13 other houses in the postcode and 18, Bankhouse Road, Nelson sits on the 12th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Bankhouse Road, Nelson within a radius of 430 metres over the last 2 years.
The most recent example is 38, Thursby Road, Nelson, BB9 8LR, a Freehold house which sold for £170,000 in Aug 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bankhouse Road, Nelson, BB9 has a total of 50 addresses. According to our analysis of all the public data, 18, Bankhouse Road, Nelson is the 13th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in BB9.
18, Bankhouse Road, Nelson has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 02 Jul 2014.
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 18, Bankhouse Road, Nelson is Nelson station which is 800 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 18, Bankhouse Road, Nelson, 37.9% of property is privately rented and 35.2% 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 18, Bankhouse Road, Nelson, 28.0% of residents are recorded as possessing school level qualifications and 16.3% 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 18, Bankhouse Road, Nelson, the average age was 34.1 and the most common age was 12.
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 18, Bankhouse Road, Nelson, 0.4% 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 18, Bankhouse Road, Nelson, 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.