According to the public record, 3, Spring Row, Colne is a period freehold house with 933 ft2 of internal area and sits on a 175 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Spring Row, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
3, Spring Row, Colne has 31 entries in the Land Registry database, most recently in April 2010 and a single entry in the EPC database dated June 2009.
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 Spring Row Colne as £171,462 and the rental value as £753 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 3 Spring Row Colne has increased by £2,999 (1.7%) and its rental value has decreased by £14 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, Spring Row, Colne is in very good condition we estimate a sale value of £180,035 and rental value of £791 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,459 and a rental value of £700 per month.
If you were able to purchase this property for the estimated value of £171,462, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £843 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, Spring Row, Colne sits on a plot of 175m2.
We have plot size data on 8 out of 15 other houses in the postcode and 3, Spring Row, Colne sits on the 8th largest plot.
According to HM Land Registry, 3, Spring Row, Colne was last sold on 23 Apr 2010 for £135,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2010, the market for similar properties has risen 40.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Spring Row, Colne within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 171, Cotton Tree Lane, Colne, BB8 7BN, a Leasehold house which sold for £176,500 in Jan 2024.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Row, Colne, BB8 has a total of 6 addresses. According to our analysis of all the public data, 3, Spring Row, Colne is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in BB8.
3, Spring Row, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jun 2009.
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, Spring Row, Colne is Colne station which is 3.2 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, Spring Row, Colne, 46.0% of property is privately owned outright and 28.6% 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, Spring Row, Colne, 9.2% of residents are recorded as possessing school level qualifications and 36.4% 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, Spring Row, 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, Spring Row, Colne, 1.4% 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, Spring Row, Colne, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.