According to the public record, 271, Halifax Road, Nelson is a mid-century house with 1,550 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Halifax Road, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
271, Halifax Road, Nelson has no records in the Land Registry database and a single entry in the EPC database dated November 2023.
We combine this information with public data 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 271 Halifax Road Nelson as £280,767 and the rental value as £937 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 271 Halifax Road Nelson has increased by £3,532 (1.3%) and its rental value has decreased by £25 per month (2.6%).
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 271, Halifax Road, Nelson is in very good condition we estimate a sale value of £294,805 and rental value of £984 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,113 and a rental value of £872 per month.
If you were able to purchase this property for the estimated value of £280,767, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,380 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 271, Halifax Road, Nelson within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 21, Christleton Close, Burnley, BB10 2JX, a Freehold house which sold for £342,500 in Jun 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Halifax Road, Nelson, BB9 has a total of 189 addresses. According to our analysis of all the public data, 271, Halifax Road, Nelson is the 27th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £149k more expensive than the average property in BB9.
271, Halifax Road, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Nov 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 271, Halifax Road, Nelson is Nelson station which is 1.5 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 271, Halifax Road, Nelson, 52.3% of property is privately owned outright and 35.6% 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 271, Halifax Road, Nelson, 22.3% of residents are recorded as possessing school level qualifications and 24.5% 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 271, Halifax 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 271, Halifax Road, Nelson, 1.0% 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 271, Halifax Road, Nelson, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.