According to the public record, 217, Hibson Road, Nelson is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,645 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Hibson Road, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
217, Hibson Road, Nelson has a single entry in the Land Registry database from November 2008 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 217 Hibson Road Nelson as £290,619 and the rental value as £970 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 217 Hibson Road Nelson has increased by £4,051 (1.4%) and its rental value has decreased by £24 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 217, Hibson Road, Nelson is in very good condition we estimate a sale value of £305,150 and rental value of £1,019 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,276 and a rental value of £902 per month.
If you were able to purchase this property for the estimated value of £290,619, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,428 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, 217, Hibson Road, Nelson was last sold on 28 Nov 2008 for £240,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2008, the market for similar properties has risen 31.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 217, Hibson Road, Nelson within a radius of 550 metres over the last 2 years.
The most recent example is Hillside, Halifax Road, Nelson, BB9 0EG, a Freehold house which sold for £245,000 in Apr 2021.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hibson Road, Nelson, BB9 has a total of 172 addresses. According to our analysis of all the public data, 217, Hibson Road, Nelson is the 27th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £159k more expensive than the average property in BB9.
The closest station to 217, Hibson Road, Nelson is Nelson 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 217, Hibson Road, Nelson, 40.0% of property is privately rented and 36.5% 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 217, Hibson Road, Nelson, 21.7% of residents are recorded as possessing school level qualifications and 16.4% 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 217, Hibson Road, 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 217, Hibson Road, 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 217, Hibson Road, Nelson, 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.