According to the public record, 2, Cromwell Street, Colne is a period house with 710 ft2 of internal area and sits on a 72.1 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Cromwell Street, Foulridge, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
2, Cromwell Street, Colne has no records in the Land Registry database and a single entry in the EPC database dated May 2014.
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 Cromwell Street Colne as £172,278 and the rental value as £692 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 2 Cromwell Street Colne has increased by £6,043 (3.5%) and its rental value has decreased by £3 per month (0.4%).
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, Cromwell Street, Colne is in very good condition we estimate a sale value of £180,891 and rental value of £726 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,218 and a rental value of £643 per month.
If you were able to purchase this property for the estimated value of £172,278, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £847 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, Cromwell Street, Colne sits on a plot of 72m2.
We have plot size data on 5 out of 6 other houses in the postcode and 2, Cromwell Street, Colne sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cromwell Street, Colne within a radius of 1.7 kilometres over the last 2 years.
The most recent example is 6, Buttercup Close, Colne, BB8 7AL, a Freehold house which sold for £169,000 in Mar 2020.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cromwell Street, Foulridge, Colne, BB8 has a total of 6 addresses. According to our analysis of all the public data, 2, Cromwell Street, Colne is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in BB8.
2, Cromwell Street, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 May 2014.
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 2, Cromwell Street, Colne is Colne station which is 2.6 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 2, Cromwell Street, Colne, 40.9% of property is privately owned with a mortgage and 33.8% 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 2, Cromwell Street, Colne, 19.8% of residents are recorded as possessing school level qualifications and 33.7% 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, Cromwell 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 2, Cromwell Street, Colne, 1.2% 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, Cromwell Street, Colne, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.