According to the public record, 2, Bannister Close, Colne is a mid-century house with 2,045 ft2 of internal area and sits on a 363 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Bannister Close, Trawden, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
2, Bannister Close, Colne has no records in the Land Registry database and a single entry in the EPC database dated June 2015.
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 2 Bannister Close Colne as £263,578 and the rental value as £1,062 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 2 Bannister Close Colne has increased by £4,524 (1.7%) and its rental value has decreased by £22 per month (2.0%).
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, Bannister Close, Colne is in very good condition we estimate a sale value of £276,757 and rental value of £1,115 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,127 and a rental value of £987 per month.
If you were able to purchase this property for the estimated value of £263,578, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,295 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, 2, Bannister Close, Colne sits on a plot of 363m2.
We have plot size data on 4 out of 7 other houses in the postcode and 2, Bannister Close, Colne sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bannister Close, Colne within a radius of 1.5 kilometres over the last 2 years.
The most recent example is Briermead, Lanehouse, Colne, BB8 8SN, a Freehold house which sold for £480,000 in Jun 2021.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bannister Close, Trawden, Colne, BB8 has a total of 7 addresses. According to our analysis of all the public data, 2, Bannister Close, Colne is the largest and the most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in BB8.
2, Bannister Close, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jun 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an dual fuel boiler (mineral and wood) and radiators.
The closest station to 2, Bannister Close, Colne is Colne station which is 2.8 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, Bannister Close, Colne, 44.1% of property is privately owned outright and 42.4% 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, Bannister Close, Colne, 14.9% of residents are recorded as possessing school level qualifications and 28.5% 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, Bannister Close, 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 2, Bannister Close, Colne, 0.0% 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, Bannister Close, 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.