According to the public record, 20, High Street, Colne is a mid-century leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
High Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
20, High Street, Colne has 31 entries in the Land Registry database, most recently in July 2008 and a single entry in the EPC database dated July 2023.
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 20 High Street Colne as £85,916 and the rental value as £435 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 20 High Street Colne has increased by £2,762 (3.2%) and its rental value has decreased by £3 per month (0.7%).
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, High Street, Colne is in very good condition we estimate a sale value of £90,212 and rental value of £457 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,902 and a rental value of £405 per month.
If you were able to purchase this property for the estimated value of £85,916, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £422 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, High Street, Colne was last sold on 02 Jul 2008 for £75,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2008, the market for similar properties has risen 13.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 20, High Street, Colne within a radius of 440 metres over the last 2 years.
The most recent example is 7A, Broken Banks, Colne, BB8 0JY, a Leasehold flat which sold for £93,000 in Sep 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street, Colne, BB8 has a total of 36 addresses. According to our analysis of all the public data, 20, High Street, Colne is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in BB8.
20, High Street, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jul 2023.
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 20, High Street, Colne is Colne station which is 900 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, High Street, Colne, 52.3% of property is socially rented and 31.6% 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, High Street, Colne, 12.5% of residents are recorded as possessing school level qualifications and 17.7% 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 20, High 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 20, High Street, Colne, 0.0% 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, High Street, Colne, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.