According to the public record, 28, Station Road, Colne is a period leasehold house with 1,076 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Station Road, Foulridge, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
28, Station Road, Colne has a single entry in the Land Registry database from August 2021 and a single entry in the EPC database dated May 2021.
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 28 Station Road Colne as £142,952 and the rental value as £702 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 28 Station Road Colne has increased by £2,531 (1.8%) and its rental value has decreased by £15 per month (2.1%).
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 28, Station Road, Colne is in very good condition we estimate a sale value of £150,099 and rental value of £737 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,945 and a rental value of £653 per month.
If you were able to purchase this property for the estimated value of £142,952, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £703 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, 28, Station Road, Colne was last sold on 11 Aug 2021 for £82,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Aug 2021, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Station Road, Colne within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 7, Warehouse Lane, Colne, BB8 7PP, a Freehold house which sold for £179,950 in Sep 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Foulridge, Colne, BB8 has a total of 49 addresses. According to our analysis of all the public data, 28, Station Road, Colne is the 11th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in BB8.
28, Station Road, Colne has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 May 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas, Room heaters, mains gas.
The closest station to 28, Station Road, Colne is Colne station which is 2.6 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 28, Station Road, Colne, 40.9% of property is privately owned with a mortgage and 33.8% 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 28, Station Road, Colne, 19.8% of residents are recorded as possessing school level qualifications and 33.7% 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 28, Station Road, Colne, the average age was 45.1 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 28, Station Road, Colne, 1.2% 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 28, Station 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.