According to the public record, 19, Spring Gardens Road, Colne is a period leasehold house with 1,011 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Spring Gardens Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
19, Spring Gardens Road, Colne has 31 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated March 2018.
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 19 Spring Gardens Road Colne as £87,834 and the rental value as £477 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 19 Spring Gardens Road Colne has increased by £5,956 (6.8%) and its rental value has increased by £13 per month (2.8%).
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 19, Spring Gardens Road, Colne is in very good condition we estimate a sale value of £92,226 and rental value of £501 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,686 and a rental value of £444 per month.
If you were able to purchase this property for the estimated value of £87,834, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £432 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, 19, Spring Gardens Road, Colne was last sold on 15 Nov 2018 for £80,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Nov 2018, the market for similar properties has risen 30.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Spring Gardens Road, Colne within a radius of 580 metres over the last 2 years.
The most recent example is 32, Hall Street, Colne, BB8 0DJ, a Leasehold house which sold for £82,500 in Jul 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Gardens Road, Colne, BB8 has a total of 6 addresses. According to our analysis of all the public data, 19, Spring Gardens Road, Colne is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in BB8.
19, Spring Gardens Road, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Mar 2018.
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 19, Spring Gardens Road, Colne is Colne station which is 600 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 19, Spring Gardens Road, Colne, 52.2% of property is privately rented and 30.6% 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 19, Spring Gardens Road, Colne, 15.3% of residents are recorded as possessing school level qualifications and 24.9% 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 19, Spring Gardens Road, Colne, the average age was 39.9 and the most common age was 32.
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 19, Spring Gardens Road, Colne, 0.6% 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 19, Spring Gardens Road, 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.