According to the public record, 2 Heightside Bungalow, Colne is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 856 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Wackersall Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
2 Heightside Bungalow, Colne has a single entry in the Land Registry database from April 2014 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 2 Heightside Bungalow Colne as £196,138 and the rental value as £762 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 2 Heightside Bungalow Colne has increased by £5,145 (2.6%) and its rental value has decreased by £10 per month (1.3%).
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 2 Heightside Bungalow, Colne is in very good condition we estimate a sale value of £205,945 and rental value of £800 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,408 and a rental value of £709 per month.
If you were able to purchase this property for the estimated value of £196,138, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £964 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, 2 Heightside Bungalow, Colne was last sold on 17 Apr 2014 for £80,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2014, the market for similar properties has risen 44.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Heightside Bungalow, Colne within a radius of 950 metres over the last 2 years.
The most recent example is 7, Lanky Gardens, Colne, BB8 8FJ, a Freehold house which sold for £192,000 in Oct 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wackersall Road, Colne, BB8 has a total of 9 addresses. According to our analysis of all the public data, 2 Heightside Bungalow, Colne is the 7th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in BB8.
The closest station to 2 Heightside Bungalow, Colne is Colne station which is 1.1 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 2 Heightside Bungalow, Colne, 50.0% of property is privately owned outright and 22.7% 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 2 Heightside Bungalow, Colne, 18.3% of residents are recorded as possessing school level qualifications and 24.0% 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 2 Heightside Bungalow, 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 2 Heightside Bungalow, Colne, 2.7% 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 2 Heightside Bungalow, Colne, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.