According to the public record, 23, Edward Street, Nelson is a period leasehold house with 1,076 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Edward Street, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
23, Edward Street, Nelson has 21 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated November 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 23 Edward Street Nelson as £88,902 and the rental value as £473 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 23 Edward Street Nelson has increased by £5,807 (6.5%) and its rental value has increased by £12 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 23, Edward Street, Nelson is in very good condition we estimate a sale value of £93,347 and rental value of £496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,678 and a rental value of £440 per month.
If you were able to purchase this property for the estimated value of £88,902, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £437 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, 23, Edward Street, Nelson was last sold on 25 Aug 2023 for £78,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Edward Street, Nelson within a radius of 570 metres over the last 2 years.
The most recent example is 22, Lee Road, Nelson, BB9 8SD, a Freehold house which sold for £111,000 in May 2024.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edward Street, Nelson, BB9 has a total of 62 addresses. According to our analysis of all the public data, 23, Edward Street, Nelson is the 7th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in BB9.
23, Edward Street, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Nov 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 23, Edward Street, Nelson is Nelson station which is 1.4 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, Edward Street, Nelson, 41.5% of property is privately rented and 30.0% 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 23, Edward Street, Nelson, 21.4% of residents are recorded as possessing school level qualifications and 13.4% 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 23, Edward Street, Nelson, the average age was 34.1 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 23, Edward Street, Nelson, 0.3% 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, Edward Street, 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.