According to the public record, 3 The Old Sidings, Colne is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,179 ft2 of internal area and sits on a 2,496 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Foulridge, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
3 The Old Sidings, Colne has 2 entries in the Land Registry database, most recently in October 2008 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 The Old Sidings Colne as £272,916 and the rental value as £950 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 3 The Old Sidings Colne has increased by £4,832 (1.8%) and its rental value has decreased by £20 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 3 The Old Sidings, Colne is in very good condition we estimate a sale value of £286,562 and rental value of £997 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,812 and a rental value of £883 per month.
If you were able to purchase this property for the estimated value of £272,916, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,341 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, 3 The Old Sidings, Colne sits on a plot of 2496m2.
We have plot size data on 9 out of 10 other houses in the postcode and 3 The Old Sidings, Colne sits on the largest plot.
According to HM Land Registry, 3 The Old Sidings, Colne was last sold on 24 Oct 2008 for £235,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Oct 2008, the market for similar properties has risen 46.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 The Old Sidings, Colne within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 1 The Old Sidings, Colne, BB8 7GQ, a Leasehold house which sold for £269,950 in Aug 2021.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Foulridge, Colne, BB8 has a total of 24 addresses. According to our analysis of all the public data, 3 The Old Sidings, Colne is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in BB8.
The closest station to 3 The Old Sidings, 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 3 The Old Sidings, Colne, 53.9% of property is privately owned outright and 35.0% 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 The Old Sidings, Colne, 12.2% of residents are recorded as possessing school level qualifications and 32.5% 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 3 The Old Sidings, 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 The Old Sidings, Colne, 0.9% 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 The Old Sidings, Colne, there are an average of 1.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.