According to the public record, 264, Gisburn Road, Nelson is a period leasehold house with 3,174 ft2 of internal area and sits on a 697 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Gisburn Road, Blacko, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
264, Gisburn Road, Nelson has 2 entries in the Land Registry database, most recently in July 2019 and a single entry in the EPC database dated May 2010.
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 264 Gisburn Road Nelson as £687,379 and the rental value as £2,294 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 264 Gisburn Road Nelson has increased by £6,988 (1.0%) and its rental value has decreased by £65 per month (2.8%).
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 264, Gisburn Road, Nelson is in very good condition we estimate a sale value of £721,748 and rental value of £2,409 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £639,262 and a rental value of £2,134 per month.
If you were able to purchase this property for the estimated value of £687,379, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,378 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, 264, Gisburn Road, Nelson sits on a plot of 697m2.
We have plot size data on 9 out of 24 other houses in the postcode and 264, Gisburn Road, Nelson sits on the 5th largest plot.
According to HM Land Registry, 264, Gisburn Road, Nelson was last sold on 05 Jul 2019 for £465,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jul 2019, the market for similar properties has risen 19.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 264, Gisburn Road, Nelson within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 262, Gisburn Road, Nelson, BB9 6LP, a Freehold house which sold for £700,000 in Oct 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gisburn Road, Blacko, Nelson, BB9 has a total of 177 addresses. According to our analysis of all the public data, 264, Gisburn Road, Nelson is the 9th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £555k more expensive than the average property in BB9.
264, Gisburn Road, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 May 2010.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 264, Gisburn Road, Nelson is Colne station which is 2.3 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 264, Gisburn Road, Nelson, 54.9% of property is privately owned outright and 35.4% 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 264, Gisburn Road, Nelson, 12.5% of residents are recorded as possessing school level qualifications and 41.3% 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 264, Gisburn Road, Nelson, the average age was 46.1 and the most common age was 57.
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 264, Gisburn Road, Nelson, 2.2% 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 264, Gisburn Road, Nelson, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.