According to the public record, 24, Talbot Street, Colne is a early-century leasehold house with 818 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Talbot Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
24, Talbot Street, Colne has 31 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated March 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 24 Talbot Street Colne as £94,050 and the rental value as £545 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 24 Talbot Street Colne has increased by £3,697 (3.9%) and its rental value has decreased by £0 per month (0.0%).
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, Talbot Street, Colne is in very good condition we estimate a sale value of £98,753 and rental value of £572 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,467 and a rental value of £507 per month.
If you were able to purchase this property for the estimated value of £94,050, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £462 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, Talbot Street, Colne was last sold on 16 Sep 2022 for £85,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Sep 2022, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Talbot Street, Colne within a radius of 480 metres over the last 2 years.
The most recent example is 8, Talbot Street, Colne, BB8 9HB, a Leasehold house which sold for £72,000 in Apr 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Talbot Street, Colne, BB8 has a total of 82 addresses. According to our analysis of all the public data, 24, Talbot Street, Colne is the 37th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in BB8.
24, Talbot Street, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Mar 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 24, Talbot Street, Colne is Colne 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 24, Talbot Street, Colne, 33.9% of property is socially rented and 24.4% 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 24, Talbot Street, Colne, 30.6% of residents are recorded as possessing school level qualifications and 18.0% 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, Talbot Street, Colne, the average age was 43.8 and the most common age was 62.
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, Talbot Street, Colne, 0.0% 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, Talbot Street, Colne, 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.