According to the public record, 2, May Street, Nelson is a period leasehold house with 796 ft2 of internal area and sits on a 168 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
May Street, Barrowford, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
2, May Street, Nelson has 31 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated September 2019.
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 May Street Nelson as £125,072 and the rental value as £557 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 2 May Street Nelson has increased by £2,861 (2.3%) and its rental value has decreased by £9 per month (1.6%).
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, May Street, Nelson is in very good condition we estimate a sale value of £131,326 and rental value of £584 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,317 and a rental value of £518 per month.
If you were able to purchase this property for the estimated value of £125,072, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £615 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, May Street, Nelson sits on a plot of 168m2.
We have plot size data on 13 out of 36 other houses in the postcode and 2, May Street, Nelson sits on the 4th largest plot.
According to HM Land Registry, 2, May Street, Nelson was last sold on 10 Jan 2020 for £133,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Jan 2020, the market for similar properties has risen 26.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, May Street, Nelson within a radius of 660 metres over the last 2 years.
The most recent example is 10, May Street, Nelson, BB9 8NZ, a Leasehold house which sold for £89,500 in May 2024.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
May Street, Barrowford, Nelson, BB9 has a total of 36 addresses. According to our analysis of all the public data, 2, May Street, Nelson is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in BB9.
2, May Street, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Sep 2019.
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, May Street, Nelson is Nelson station which is 1.3 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, May Street, Nelson, 39.4% of property is privately rented and 33.9% 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, May Street, Nelson, 20.4% of residents are recorded as possessing school level qualifications and 32.2% 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, May Street, 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, May Street, Nelson, 0.8% 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, May Street, Nelson, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.