According to the public record, 208, Colne Road, Nelson is a period leasehold house with 1,743 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Colne Road, Brierfield, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
208, Colne Road, Nelson has a single entry in the Land Registry database from February 2015 and a single entry in the EPC database dated August 2014.
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 208 Colne Road Nelson as £133,216 and the rental value as £625 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 208 Colne Road Nelson has increased by £4,259 (3.2%) and its rental value has decreased by £5 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 208, Colne Road, Nelson is in very good condition we estimate a sale value of £139,877 and rental value of £657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,891 and a rental value of £582 per month.
If you were able to purchase this property for the estimated value of £133,216, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £655 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, 208, Colne Road, Nelson was last sold on 25 Feb 2015 for £107,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Feb 2015, the market for similar properties has risen 48.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 208, Colne Road, Nelson within a radius of 710 metres over the last 2 years.
The most recent example is 158, Colne Road, Nelson, BB9 5RQ, a Leasehold house which sold for £121,000 in Dec 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colne Road, Brierfield, Nelson, BB9 has a total of 110 addresses. According to our analysis of all the public data, 208, Colne Road, Nelson is the 10th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £1k more expensive than the average property in BB9.
208, Colne Road, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2014.
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 208, Colne Road, Nelson is Brierfield station which is 700 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 208, Colne Road, Nelson, 45.7% of property is privately owned outright and 23.8% 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 208, Colne Road, Nelson, 20.0% of residents are recorded as possessing school level qualifications and 24.5% 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 208, Colne Road, Nelson, the average age was 37.7 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 208, Colne Road, Nelson, 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 208, Colne Road, Nelson, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.