According to the public record, 23, Bankhouse Street, Nelson is a period house with 462 ft2 of internal area and sits on a 400 m2 plot.
Houses of this size in this area normally have 1 bedroom with a garden.
Bankhouse Street, Barrowford, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
23, Bankhouse Street, Nelson has no records in the Land Registry database and a single entry in the EPC database dated October 2015.
We combine this information with public data 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 23 Bankhouse Street Nelson as £96,837 and the rental value as £443 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 23 Bankhouse Street Nelson has increased by £3,251 (3.4%) and its rental value has decreased by £3 per month (0.6%).
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 23, Bankhouse Street, Nelson is in very good condition we estimate a sale value of £101,679 and rental value of £465 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,059 and a rental value of £412 per month.
If you were able to purchase this property for the estimated value of £96,837, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £476 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, 23, Bankhouse Street, Nelson sits on a plot of 400m2.
We have plot size data on 18 out of 29 other houses in the postcode and 23, Bankhouse Street, Nelson sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Bankhouse Street, Nelson within a radius of 930 metres over the last 2 years.
The most recent example is 12, Harry Street, Nelson, BB9 8QE, a Leasehold house which sold for £80,000 in Mar 2022.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bankhouse Street, Barrowford, Nelson, BB9 has a total of 33 addresses. According to our analysis of all the public data, 23, Bankhouse Street, Nelson is the 29th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in BB9.
23, Bankhouse Street, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Oct 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 23, Bankhouse Street, Nelson is Colne station which is 2.1 kilometres 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 23, Bankhouse Street, Nelson, 37.5% of property is privately owned outright and 35.8% 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 23, Bankhouse Street, Nelson, 13.2% of residents are recorded as possessing school level qualifications and 36.9% 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 23, Bankhouse Street, Nelson, the average age was 46.1 and the most common age was 57.
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 23, Bankhouse Street, Nelson, 1.6% 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 23, Bankhouse Street, 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.