According to the public record, 3, Craven Street, Nelson is a leasehold house.
By comparing it to neighbours, we estimate that it is a period house with 994 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Craven Street, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
3, Craven Street, Nelson has 51 entries in the Land Registry database, most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Craven Street Nelson as £61,109 and the rental value as £334 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 3 Craven Street Nelson has increased by £4,191 (6.9%) and its rental value has increased by £9 per month (2.8%).
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, Craven Street, Nelson is in very good condition we estimate a sale value of £64,165 and rental value of £351 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £56,832 and a rental value of £311 per month.
If you were able to purchase this property for the estimated value of £61,109, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £300 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, Craven Street, Nelson was last sold on 14 Sep 2007 for £60,000 and was recorded as a leasehold house.
The property has had 5 sales since 1995.
Since Sep 2007, the market for similar properties has risen 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Craven Street, Nelson within a radius of 550 metres over the last 2 years.
The most recent example is 8, Princess Street, Nelson, BB9 9BL, a Leasehold house which sold for £52,000 in Jul 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Craven Street, Nelson, BB9 has a total of 15 addresses. According to our analysis of all the public data, 3, Craven Street, Nelson is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in BB9.
The closest station to 3, Craven Street, Nelson is Nelson station which is 600 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 3, Craven Street, Nelson, 38.3% of property is privately rented and 37.0% 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 3, Craven Street, Nelson, 30.8% of residents are recorded as possessing school level qualifications and 18.2% 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 3, Craven Street, Nelson, the average age was 32.4 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 3, Craven Street, Nelson, 0.2% 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 3, Craven Street, Nelson, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.