According to the public record, 3, The Crescent, Colne is a early-century freehold house with 796 ft2 of internal area and sits on a 155 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Crescent, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
3, The Crescent, Colne has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated March 2021.
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 The Crescent Colne as £114,802 and the rental value as £651 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 3 The Crescent Colne has increased by £4,513 (3.9%) and its rental value has decreased by £0 per month (0.0%).
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 Crescent, Colne is in very good condition we estimate a sale value of £120,542 and rental value of £683 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,766 and a rental value of £605 per month.
If you were able to purchase this property for the estimated value of £114,802, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £564 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 Crescent, Colne sits on a plot of 155m2.
We have plot size data on 36 out of 42 other houses in the postcode and 3, The Crescent, Colne sits on the 19th largest plot.
According to HM Land Registry, 3, The Crescent, Colne was last sold on 01 Apr 2021 for £100,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 11.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, The Crescent, Colne within a radius of 620 metres over the last 2 years.
The most recent example is 94, Birtwistle Avenue, Colne, BB8 9RT, a Freehold house which sold for £151,000 in Aug 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Crescent, Colne, BB8 has a total of 42 addresses. According to our analysis of all the public data, 3, The Crescent, Colne is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in BB8.
3, The Crescent, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2021.
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, The Crescent, Colne is Colne station which is 1.3 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 Crescent, Colne, 53.3% of property is socially rented and 18.3% 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 Crescent, Colne, 23.4% of residents are recorded as possessing school level qualifications and 19.3% 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 Crescent, 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, The Crescent, 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, The Crescent, Colne, 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.