According to the public record, 20, Beacon Close, Colne is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 901 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Beacon Close, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
20, Beacon Close, Colne has 31 entries in the Land Registry database, most recently in September 2007 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 20 Beacon Close Colne as £209,650 and the rental value as £803 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 20 Beacon Close Colne has increased by £14,216 (6.8%) and its rental value has increased by £22 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 20, Beacon Close, Colne is in very good condition we estimate a sale value of £220,133 and rental value of £843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,975 and a rental value of £747 per month.
If you were able to purchase this property for the estimated value of £209,650, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,030 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, 20, Beacon Close, Colne was last sold on 03 Sep 2007 for £129,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2007, the market for similar properties has risen 28.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Beacon Close, Colne within a radius of 750 metres over the last 2 years.
The most recent example is 4, Grindlestone Hirst, Colne, BB8 8BF, a Freehold house which sold for £240,000 in Feb 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beacon Close, Colne, BB8 has a total of 20 addresses. According to our analysis of all the public data, 20, Beacon Close, Colne is the 13th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in BB8.
The closest station to 20, Beacon Close, 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 20, Beacon Close, Colne, 35.3% of property is socially rented and 29.4% is privately 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 20, Beacon Close, Colne, 22.9% of residents are recorded as possessing school level qualifications and 20.9% 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 20, Beacon Close, Colne, the average age was 39.9 and the most common age was 32.
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 20, Beacon Close, Colne, 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 20, Beacon Close, Colne, 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.