According to the public record, 3, Lune Street, Colne is a period house with 1,237 ft2 of internal area and sits on a 90.4 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lune Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
3, Lune Street, Colne has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2015.
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 reasonable condition, we estimate the current sale value for 3 Lune Street Colne as £101,376 and the rental value as £518 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 3 Lune Street Colne has increased by £5,973 (5.9%) and its rental value has increased by £10 per month (1.9%).
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, Lune Street, Colne is in very good condition we estimate a sale value of £106,445 and rental value of £544 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,280 and a rental value of £481 per month.
If you were able to purchase this property for the estimated value of £101,376, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £498 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, Lune Street, Colne sits on a plot of 90m2.
We have plot size data on 9 out of 10 other houses in the postcode and 3, Lune Street, Colne sits on the 4th largest plot.
According to HM Land Registry, 3, Lune Street, Colne was last sold on 28 Apr 2005 for £46,000 and was recorded as a freehold 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, Lune Street, Colne within a radius of 560 metres over the last 2 years.
The most recent example is 20, Knowsley Street, Colne, BB8 0SD, a Freehold house which sold for £97,000 in Mar 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lune Street, Colne, BB8 has a total of 10 addresses. According to our analysis of all the public data, 3, Lune Street, Colne is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in BB8.
3, Lune Street, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Jul 2015.
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, Lune Street, Colne is Colne station which is 900 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, Lune Street, Colne, 45.3% of property is privately rented and 28.1% 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, Lune Street, Colne, 20.1% of residents are recorded as possessing school level qualifications and 20.2% 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, Lune Street, Colne, the average age was 39.9 and the most common age was 32.
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, Lune Street, Colne, 0.0% 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, Lune Street, Colne, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.