According to the public record, 242, Barkerhouse Road, Nelson is a period leasehold house with 1,022 ft2 of internal area and sits on a 171 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Barkerhouse Road, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
242, Barkerhouse Road, Nelson has 2 entries in the Land Registry database, most recently in June 2019 and a single entry in the EPC database dated June 2023.
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 242 Barkerhouse Road Nelson as £117,232 and the rental value as £559 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 242 Barkerhouse Road Nelson has increased by £3,851 (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 242, Barkerhouse Road, Nelson is in very good condition we estimate a sale value of £123,094 and rental value of £587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,026 and a rental value of £520 per month.
If you were able to purchase this property for the estimated value of £117,232, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £576 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, 242, Barkerhouse Road, Nelson sits on a plot of 171m2.
We have plot size data on 4 out of 10 other houses in the postcode and 242, Barkerhouse Road, Nelson sits on the 4th largest plot.
According to HM Land Registry, 242, Barkerhouse Road, Nelson was last sold on 25 Jun 2019 for £90,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jun 2019, the market for similar properties has risen 29.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 242, Barkerhouse Road, Nelson within a radius of 530 metres over the last 2 years.
The most recent example is 248, Barkerhouse Road, Nelson, BB9 9NW, a Leasehold house which sold for £105,000 in Feb 2022.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barkerhouse Road, Nelson, BB9 has a total of 295 addresses. According to our analysis of all the public data, 242, Barkerhouse Road, Nelson is the 166th largest and the 169th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in BB9.
242, Barkerhouse Road, Nelson has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jun 2023.
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 242, Barkerhouse Road, 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 242, Barkerhouse Road, 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 242, Barkerhouse Road, 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 242, Barkerhouse Road, 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 242, Barkerhouse Road, 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 242, Barkerhouse Road, 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.