According to the public record, 259, Chapel House Road, Nelson is a period leasehold house with 1,065 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chapel House Road, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
259, Chapel House Road, Nelson has 21 entries in the Land Registry database, most recently in December 2014 and a single entry in the EPC database dated November 2015.
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 259 Chapel House Road Nelson as £68,078 and the rental value as £363 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 259 Chapel House Road Nelson has increased by £4,748 (7.0%) and its rental value has increased by £10 per month (2.9%).
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 259, Chapel House Road, Nelson is in very good condition we estimate a sale value of £71,482 and rental value of £381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £63,313 and a rental value of £338 per month.
If you were able to purchase this property for the estimated value of £68,078, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £335 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, 259, Chapel House Road, Nelson was last sold on 05 Dec 2014 for £43,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Dec 2014, the market for similar properties has risen 60.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 259, Chapel House Road, Nelson within a radius of 430 metres over the last 2 years.
The most recent example is 232, Chapel House Road, Nelson, BB9 0QR, a Leasehold house which sold for £89,500 in Feb 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel House Road, Nelson, BB9 has a total of 238 addresses. According to our analysis of all the public data, 259, Chapel House Road, Nelson is the 38th largest and the 168th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in BB9.
259, Chapel House Road, Nelson has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 24 Nov 2015.
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 259, Chapel House Road, Nelson is Nelson station which is 700 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 259, Chapel House Road, Nelson, 46.8% of property is privately rented and 26.2% 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 259, Chapel House Road, Nelson, 32.5% of residents are recorded as possessing school level qualifications and 14.5% 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 259, Chapel House Road, Nelson, the average age was 34.7 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 259, Chapel House Road, Nelson, 0.8% 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 259, Chapel House Road, 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.