According to the public record, 3, Lower Rough Drive, Colne is a modern house with 1,140 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lower Rough Drive, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
3, Lower Rough Drive, Colne has no records in the Land Registry database and a single entry in the EPC database dated September 2020.
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 good condition, we estimate the current sale value for 3 Lower Rough Drive Colne as £322,402 and the rental value as £1,138 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 3 Lower Rough Drive Colne has increased by £7,417 (2.3%) and its rental value has decreased by £18 per month (1.5%).
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, Lower Rough Drive, Colne is in very good condition we estimate a sale value of £338,522 and rental value of £1,195 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,834 and a rental value of £1,058 per month.
If you were able to purchase this property for the estimated value of £322,402, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,585 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 3, Lower Rough Drive, Colne within a radius of 670 metres over the last 2 years.
The most recent example is 48, Windermere Avenue, Colne, BB8 7DW, a Freehold house which sold for £299,995 in Dec 2021.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Rough Drive, Colne, BB8 has a total of 5 addresses. According to our analysis of all the public data, 3, Lower Rough Drive, Colne is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £153k more expensive than the average property in BB8.
3, Lower Rough Drive, Colne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 3, Lower Rough Drive, Colne is Colne station which is 2.1 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, Lower Rough Drive, Colne, 53.7% of property is privately owned outright and 32.2% 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, Lower Rough Drive, Colne, 10.5% 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, Lower Rough Drive, Colne, the average age was 43.8 and the most common age was 62.
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, Lower Rough Drive, Colne, 1.8% 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, Lower Rough Drive, Colne, 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.