According to the public record, 2, Hollin Fold, Nelson is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,302 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Hollin Fold, Blacko, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
2, Hollin Fold, Nelson has a single entry in the Land Registry database from September 2006 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 Hollin Fold Nelson as £410,818 and the rental value as £1,385 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 2 Hollin Fold Nelson has increased by £4,176 (1.0%) and its rental value has decreased by £39 per month (2.8%).
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, Hollin Fold, Nelson is in very good condition we estimate a sale value of £431,359 and rental value of £1,454 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,061 and a rental value of £1,288 per month.
If you were able to purchase this property for the estimated value of £410,818, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,019 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, Hollin Fold, Nelson was last sold on 18 Sep 2006 for £249,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Hollin Fold, Nelson within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 9, Hollin Fold, Nelson, BB9 6LW, a Freehold house which sold for £472,500 in Mar 2021.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hollin Fold, Blacko, Nelson, BB9 has a total of 20 addresses. According to our analysis of all the public data, 2, Hollin Fold, Nelson is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £279k more expensive than the average property in BB9.
The closest station to 2, Hollin Fold, Nelson is Colne station which is 3.1 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, Hollin Fold, Nelson, 46.2% of property is privately owned outright and 29.7% 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, Hollin Fold, Nelson, 5.8% of residents are recorded as possessing school level qualifications and 30.7% 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, Hollin Fold, Nelson, the average age was 46.1 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, Hollin Fold, Nelson, 3.1% 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, Hollin Fold, Nelson, 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.