According to the public record, 21, The Ridgeway, Nelson is a early-century leasehold house with 1,453 ft2 of internal area and sits on a 300 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Ridgeway, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
21, The Ridgeway, Nelson has 2 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated October 2022.
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 21 The Ridgeway Nelson as £179,895 and the rental value as £655 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 21 The Ridgeway Nelson has increased by £2,507 (1.4%) and its rental value has decreased by £16 per month (2.5%).
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 21, The Ridgeway, Nelson is in very good condition we estimate a sale value of £188,890 and rental value of £687 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,302 and a rental value of £609 per month.
If you were able to purchase this property for the estimated value of £179,895, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £884 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, 21, The Ridgeway, Nelson sits on a plot of 300m2.
We have plot size data on 15 out of 18 other houses in the postcode and 21, The Ridgeway, Nelson sits on the 9th largest plot.
According to HM Land Registry, 21, The Ridgeway, Nelson was last sold on 19 Apr 2023 for £158,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Apr 2023, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, The Ridgeway, Nelson within a radius of 510 metres over the last 2 years.
The most recent example is 68, Lancaster Gate, Nelson, BB9 0AP, a Freehold house which sold for £164,000 in Feb 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Ridgeway, Nelson, BB9 has a total of 18 addresses. According to our analysis of all the public data, 21, The Ridgeway, Nelson is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in BB9.
21, The Ridgeway, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Oct 2022.
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 21, The Ridgeway, Nelson is Nelson 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 21, The Ridgeway, Nelson, 41.6% of property is privately owned with a mortgage and 35.3% is privately owned outright.
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 21, The Ridgeway, Nelson, 29.5% of residents are recorded as possessing school level qualifications and 35.8% 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 21, The Ridgeway, Nelson, the average age was 32.4 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 21, The Ridgeway, Nelson, 0.4% 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 21, The Ridgeway, 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.