According to the public record, 24, Bamford Street, Nelson is a period leasehold house with 968 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bamford Street, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
24, Bamford Street, Nelson has 2 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated March 2018.
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 24 Bamford Street Nelson as £102,534 and the rental value as £531 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 24 Bamford Street Nelson has increased by £3,368 (3.3%) and its rental value has decreased by £4 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 24, Bamford Street, Nelson is in very good condition we estimate a sale value of £107,661 and rental value of £558 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,357 and a rental value of £494 per month.
If you were able to purchase this property for the estimated value of £102,534, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £504 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, 24, Bamford Street, Nelson was last sold on 29 Jul 2020 for £66,500 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 21.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Bamford Street, Nelson within a radius of 560 metres over the last 2 years.
The most recent example is 209, Barkerhouse Road, Nelson, BB9 9NP, a Leasehold house which sold for £85,000 in Oct 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bamford Street, Nelson, BB9 has a total of 12 addresses. According to our analysis of all the public data, 24, Bamford Street, Nelson is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in BB9.
24, Bamford Street, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 24, Bamford Street, Nelson is Nelson station which is 1.2 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 24, Bamford Street, Nelson, 34.7% of property is privately owned with a mortgage and 34.0% is privately rented.
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 24, Bamford Street, Nelson, 27.1% of residents are recorded as possessing school level qualifications and 17.5% 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 24, Bamford Street, Nelson, the average age was 39.2 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 24, Bamford Street, Nelson, 0.5% 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 24, Bamford Street, 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.