According to the public record, 27, Basil Street, Colne is a period leasehold house with 699 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Basil Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
27, Basil Street, Colne has 4 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated June 2017.
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 27 Basil Street Colne as £73,130 and the rental value as £434 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 27 Basil Street Colne has increased by £5,225 (7.1%) and its rental value has increased by £14 per month (3.1%).
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 27, Basil Street, Colne is in very good condition we estimate a sale value of £76,786 and rental value of £456 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,011 and a rental value of £403 per month.
If you were able to purchase this property for the estimated value of £73,130, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £359 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, 27, Basil Street, Colne was last sold on 31 Oct 2022 for £92,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since Oct 2022, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Basil Street, Colne within a radius of 570 metres over the last 2 years.
The most recent example is 29, Basil Street, Colne, BB8 0EY, a Leasehold house which sold for £82,000 in Oct 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Basil Street, Colne, BB8 has a total of 33 addresses. According to our analysis of all the public data, 27, Basil Street, Colne is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in BB8.
27, Basil Street, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jun 2017.
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 27, Basil Street, Colne is Colne station which is 800 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 27, Basil Street, Colne, 68.5% of property is privately rented and 11.9% 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 27, Basil Street, Colne, 16.8% of residents are recorded as possessing school level qualifications and 17.7% 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 27, Basil Street, Colne, the average age was 39.9 and the most common age was 32.
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 27, Basil 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 27, Basil Street, Colne, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.