According to the public record, 2, Dale Street, Colne is a period freehold house with 1,021 ft2 of internal area and sits on a 8,472 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Dale Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
2, Dale Street, Colne has a single entry in the Land Registry database from July 2012 and a single entry in the EPC database dated May 2011.
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 2 Dale Street Colne as £125,789 and the rental value as £671 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 2 Dale Street Colne has increased by £6,794 (5.4%) and its rental value has increased by £10 per month (1.4%).
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, Dale Street, Colne is in very good condition we estimate a sale value of £132,079 and rental value of £704 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,984 and a rental value of £624 per month.
If you were able to purchase this property for the estimated value of £125,789, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £618 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, Dale Street, Colne sits on a plot of 8472m2.
We have plot size data on 11 out of 12 other houses in the postcode and 2, Dale Street, Colne sits on the largest plot.
According to HM Land Registry, 2, Dale Street, Colne was last sold on 27 Jul 2012 for £76,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2012, the market for similar properties has risen 56.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Dale Street, Colne within a radius of 510 metres over the last 2 years.
The most recent example is 11, Robinson Street, Colne, BB8 9PU, a Leasehold house which sold for £126,000 in Jan 2024.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dale Street, Colne, BB8 has a total of 12 addresses. According to our analysis of all the public data, 2, Dale Street, Colne is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in BB8.
2, Dale Street, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 May 2011.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 2, Dale Street, Colne is Colne station which is 500 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 2, Dale Street, Colne, 49.5% of property is socially rented and 22.3% 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, Dale Street, Colne, 9.7% of residents are recorded as possessing school level qualifications and 28.7% 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, Dale 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 2, Dale Street, Colne, 0.4% 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, Dale Street, 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.