According to the public record, 27, Castle Road, Colne is a early-century leasehold house with 914 ft2 of internal area and sits on a 341 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Castle Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
27, Castle Road, Colne has 21 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated March 2018.
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 Castle Road Colne as £196,578 and the rental value as £774 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 27 Castle Road Colne has increased by £4,523 (2.3%) and its rental value has decreased by £12 per month (1.5%).
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, Castle Road, Colne is in very good condition we estimate a sale value of £206,407 and rental value of £813 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,817 and a rental value of £720 per month.
If you were able to purchase this property for the estimated value of £196,578, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £966 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, 27, Castle Road, Colne sits on a plot of 341m2.
We have plot size data on 27 out of 43 other houses in the postcode and 27, Castle Road, Colne sits on the 8th largest plot.
According to HM Land Registry, 27, Castle Road, Colne was last sold on 02 Dec 2021 for £207,500 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Castle Road, Colne within a radius of 620 metres over the last 2 years.
The most recent example is 28, Castle Road, Colne, BB8 7AR, a Leasehold house which sold for £139,500 in Feb 2024.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Road, Colne, BB8 has a total of 87 addresses. According to our analysis of all the public data, 27, Castle Road, Colne is the 80th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in BB8.
27, Castle Road, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Mar 2018.
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, Castle Road, Colne is Colne station which is 1.6 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 27, Castle Road, Colne, 43.7% of property is privately owned outright and 31.9% 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 27, Castle Road, Colne, 21.0% of residents are recorded as possessing school level qualifications and 27.2% 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, Castle Road, 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 27, Castle Road, Colne, 0.6% 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, Castle Road, Colne, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.