According to the public record, 18, Clarence Street, Colne is a period leasehold house with 1,151 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Clarence Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
18, Clarence Street, Colne has 51 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated November 2020.
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 18 Clarence Street Colne as £159,201 and the rental value as £739 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 18 Clarence Street Colne has increased by £5,159 (3.2%) and its rental value has decreased by £5 per month (0.6%).
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, Clarence Street, Colne is in very good condition we estimate a sale value of £167,162 and rental value of £776 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,057 and a rental value of £687 per month.
If you were able to purchase this property for the estimated value of £159,201, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £782 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, 18, Clarence Street, Colne was last sold on 28 May 2021 for £117,500 and was recorded as a leasehold house.
The property has had 5 sales since 1995.
Since May 2021, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Clarence Street, Colne within a radius of 630 metres over the last 2 years.
The most recent example is 7, Clarence Street, Colne, BB8 0PP, a Leasehold house which sold for £130,000 in Jun 2024.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clarence Street, Colne, BB8 has a total of 56 addresses. According to our analysis of all the public data, 18, Clarence Street, Colne is the 22nd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in BB8.
18, Clarence Street, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Nov 2020.
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, Clarence Street, Colne is Colne station which is 1.9 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 18, Clarence Street, 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 18, Clarence Street, 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 18, Clarence Street, 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 18, Clarence Street, 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 18, Clarence Street, 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.