According to the public record, 18, Cleveland Street, Colne is a leasehold house.
By comparing it to neighbours, we estimate that it is a period house with 714 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Cleveland Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
18, Cleveland Street, Colne has a single entry in the Land Registry database from April 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 18 Cleveland Street Colne as £70,022 and the rental value as £414 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 18 Cleveland Street Colne has increased by £4,727 (6.8%) and its rental value has increased by £11 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 18, Cleveland Street, Colne is in very good condition we estimate a sale value of £73,523 and rental value of £434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,120 and a rental value of £385 per month.
If you were able to purchase this property for the estimated value of £70,022, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £344 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, Cleveland Street, Colne was last sold on 26 Apr 2012 for £31,200 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Apr 2012, the market for similar properties has risen 61.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Cleveland Street, Colne within a radius of 450 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.
Cleveland Street, Colne, BB8 has a total of 140 addresses. According to our analysis of all the public data, 18, Cleveland Street, Colne is the 26th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in BB8.
The closest station to 18, Cleveland 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 18, Cleveland Street, Colne, 55.5% of property is privately rented and 18.8% 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, Cleveland Street, Colne, 27.2% of residents are recorded as possessing school level qualifications and 18.1% 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, Cleveland 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 18, Cleveland Street, Colne, 0.5% 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, Cleveland Street, Colne, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.