According to the public record, 2, Henry Street, Nelson is a period leasehold house with 678 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Henry Street, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
2, Henry Street, Nelson has 31 entries in the Land Registry database, most recently in August 2008 and a single entry in the EPC database dated October 2017.
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 Henry Street Nelson as £63,807 and the rental value as £381 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 2 Henry Street Nelson has increased by £5,170 (8.1%) and its rental value has increased by £15 per month (4.0%).
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, Henry Street, Nelson is in very good condition we estimate a sale value of £66,997 and rental value of £400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £59,340 and a rental value of £354 per month.
If you were able to purchase this property for the estimated value of £63,807, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £314 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, Henry Street, Nelson was last sold on 04 Aug 2008 for £72,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Aug 2008, the market for similar properties has risen 27.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Henry Street, Nelson within a radius of 600 metres over the last 2 years.
The most recent example is 1, Henry Street, Nelson, BB9 7UH, a Leasehold house which sold for £67,758 in Jul 2022.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Henry Street, Nelson, BB9 has a total of 14 addresses. According to our analysis of all the public data, 2, Henry Street, Nelson is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in BB9.
2, Henry Street, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Oct 2017.
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, Henry Street, Nelson is Nelson station which is 800 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, Henry Street, Nelson, 40.3% of property is privately rented and 21.7% is socially rented.
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, Henry Street, Nelson, 27.4% of residents are recorded as possessing school level qualifications and 15.7% 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, Henry Street, Nelson, the average age was 34.1 and the most common age was 12.
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, Henry Street, Nelson, 0.5% 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, Henry Street, Nelson, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.