According to the public record, 3, Burwains Avenue, Colne is a early-century leasehold house with 613 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Burwains Avenue, Foulridge, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
3, Burwains Avenue, Colne has a single entry in the Land Registry database from June 2006 and a single entry in the EPC database dated January 2023.
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 3 Burwains Avenue Colne as £178,913 and the rental value as £734 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 3 Burwains Avenue Colne has increased by £6,276 (3.5%) and its rental value has decreased by £3 per month (0.4%).
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 3, Burwains Avenue, Colne is in very good condition we estimate a sale value of £187,859 and rental value of £771 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,389 and a rental value of £683 per month.
If you were able to purchase this property for the estimated value of £178,913, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £879 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, 3, Burwains Avenue, Colne was last sold on 27 Jun 2006 for £137,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Burwains Avenue, Colne within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 5, Burwains Avenue, Colne, BB8 7NT, a Leasehold house which sold for £178,200 in Mar 2021.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burwains Avenue, Foulridge, Colne, BB8 has a total of 30 addresses. According to our analysis of all the public data, 3, Burwains Avenue, Colne is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in BB8.
3, Burwains Avenue, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jan 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 3, Burwains Avenue, Colne is Colne station which is 2.2 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 3, Burwains Avenue, Colne, 54.8% of property is privately owned outright and 34.8% 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 3, Burwains Avenue, Colne, 17.9% of residents are recorded as possessing school level qualifications and 34.6% 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 3, Burwains Avenue, 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 3, Burwains Avenue, Colne, 1.9% 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 3, Burwains Avenue, Colne, 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.